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There is no doubt that the European stock markets are nervous and of course that is all due to the latest geopolitical events impacting the wider region. This has led to the increased volatility we have seen in recent days. That has seen many price swings across the major indexes here in Europe and yesterday was no exception. It looks like today is no different. The outlook earlier for a modestly higher opening across the European markets today has now given way to more downside in the first 30 minutes of live trading. The DAX opened today at 19,060, after closing last night at 19,004. Well, it has now fallen below that closing level and right now falling towards the lows seen yesterday, at 18,962. It is currently trading at 18,990
The US stock markets have just reopened and it has been an across the board lower start to the session. The Nasdaq 100 has just kicked off at 19,657...
Since the last update here on Gold, the metal has now tested and taken out the noted trend line resistance level, in place around $3,029 per ounce...
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