• English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
July 1 - According to the Mexican National Seismological Service, a 6.1-magnitude earthquake struck approximately 116 kilometers southwest of Guazabo, Sinaloa state, northern Mexico, at 1:45 p.m. local time on June 30, with a depth of about 5 kilometers. There are currently no reports of casualties.The Dow Jones Industrial Average rose 135.07 points, or 0.26%, to close at 52,317.81 on Tuesday, June 30; the S&P 500 rose 58.57 points, or 0.79%, to close at 7,499.00; and the Nasdaq Composite rose 393.58 points, or 1.52%, to close at 26,213.72.July 1st - US stocks closed the first half of 2026 with the Dow Jones Industrial Average up 8.8%, the S&P 500 up 9.5%, and the Nasdaq Composite up 12.79%. The memory and chip sectors performed particularly well, with SanDisk (SNDK.O) surging 857%, leading the gains among S&P 500 components; Micron Technology (MU.O) rose 304%, its market capitalization surpassing $1 trillion for the first time; Intel (INTC.O) rose 278%, and Western Digital (WDC.O) rose 270%. In the first half of the year, among the seven major US stock market giants, Microsoft (MSFT.O) led the decline, falling over 22%; Tesla (TSLA.O) fell 6%; and Meta (META.O) fell 14%. On the upside, Google A (GOOGL.O) rose 14%; Apple (AAPL.O) rose 6%; Amazon (AMZN.O) rose 3%; and Nvidia (NVDA.O) rose 7%.In the second quarter, the S&P 500 rose 14.9%, the Dow Jones Industrial Average rose 12.9%, and the Nasdaq Composite rose 21.4%.July 1st - U.S. stocks closed Tuesday with the Dow Jones Industrial Average up 0.26%, the S&P 500 up 0.78%, and the Nasdaq Composite up 1.52%. Apple (AAPL.O) and Nvidia (NVDA.O) rose around 2%, Micron Technology (MU.O) rose nearly 1%, SpaceX (SPCX.O) rose 4%, and SanDisk (SNDK.O) rose over 10%. The Nasdaq China Golden Dragon Index closed up 0.63%, and XPeng Motors (XPEV.N) rose 3.4%.

Gold Price Prediction: The XAU/USD pair could have a brief comeback ahead of FOMC changes

Alina Haynes

Sep 16, 2022 14:51

166.png 

 

"The story of substantial Fed rate rise expectations in the coming months may continue to play out this Friday, while gold traders may profit from excessive selling and position re-adjustments ahead of next week's FOMC decision,"

 

"Gold closed below the rising trendline support, then at $1,693, confirming an inverted cup-and-handle configuration." Bears might target the $1,650 psychological level following a breach below the previous day's low of $1,660 should selling pressure pick up again.

 

"On the other hand, the recovery will require acceptance above the 2022 low of $1,681, over which $1,691 will be tested. The level of $1,700 will be the next obstacle to the upside on the road to recovery."