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The US stock markets are still feeding off the positivity created by the really strong jobs report. That has lifted all three major index futures further ahead of the opening. The Nasdaq 100 closed last night at 19,793, with a loss of just 9 points on the day. This US jobs report has lifted the futures to price an opening above 2k just now and certainly a lot higher than envisaged by the markets before that data arrived. Of course this might all change, but right now the markets are very much risk-on and on the front foot too. The Nasdaq 100 is just now priced to reopen at around 20,020
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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