The SPX registered an all-time high on Monday at 4790, recording a ~1.20% gain, and seems poised to continue its ascent.
The prices of gold also moved higher but met resistance at the 50% Fibonacci. The 0.44% upside facing a strong level at $1850 certainly makes a difficult case for bulls.
BTC saw some outflows overnight, in what seems to be a disconnection with the equities market. After falling 3%, it looks weak down to $48k, where the first support lies. Will it break through it?
Trade with an award-winning broker! Lowest spreads on the market for Forex, Precious Metals, Energies. No re-quotes, no rejection of orders & instant withdrawals.
The Daily Market Watch: SPX500, GOLD & BTCUSD (28.12.21)
The SPX registered an all-time high on Monday at 4790, recording a ~1.20% gain, and seems poised to continue its ascent.
The prices of gold also moved higher but met resistance at the 50% Fibonacci. The 0.44% upside facing a strong level at $1850 certainly makes a difficult case for bulls.
BTC saw some outflows overnight, in what seems to be a disconnection with the equities market. After falling 3%, it looks weak down to $48k, where the first support lies. Will it break through it?
Trade with an award-winning broker! Lowest spreads on the market for Forex, Precious Metals, Energies. No re-quotes, no rejection of orders & instant withdrawals.
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