Gold Breaking Higher

TAGS: Technical Analysis Software

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News in Brief

  • China Exports, Imports post double-digit gains as AI lifts trade.
  • Trump made calls to Warsh in latest sign of bid to influence Fed.
  • US initial jobless claims remain stable below 200,000.

MarketWatch:

  • Gold prices are breaking higher after a tough stretch. Could fresh records be within reach?
  • Dow gives up gains but Nasdaq pops into green as chip stocks pare losses.
  • SpaceX insiders get their first chance today to cash out – but the stock’s recent slump will limit that opportunity

yahoo! finance:

  • Iran seeks to bar US ships in Hormuz as deal with Oman advances.
  • SpaceX stock got cut in half, but retail investors keep piling in.
  • Amazon Pharmacy offers weight-loss drugs for $50 a month through Medicare bridge program.

 Voters now trust Democrats more than Republicans on the top issue in US politics: the economy.

Global Indexes

S&P 500

The S&P 500 is stalling with an uncertain doji.

DAX

Similar for the DAX.

HANG SENG

After all the uncertain candles the HANG SENG closed below its 200 DMA and EMA8 supports.

NYSE & NASDAQ Stocks

Eli Lilly and Co

LLY made another very long-legged high wave candle to close 1.9% up touching top resistance.

Space Exploration Technologies Corp

After dropping 52% from its top SPCX is building a platform at its $107 level. As data is increasing, we are slowly starting to see some indicators.

JSE Stocks

JSE All Shares

The JSE All Shares is also sitting with an uncertain doji on its 200 DMA support.

Gold-$

AU also stalled after breaking its 50 DMA resistance.

Algomodel Strategies, Education & Features

Click on Education or go to the home page to view education posts.

Frontrunner, Gaps, Trend and Cyclic Indicators are explained in these education posts.

All stock graphs are shown with a Trend Candles Template which is a feature available in Algomodel Signals Pro.

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