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Despite coming very close on Monday, the DAX just failed to reach a new all time high, when it peaked at 16,999. The index fall back to a new low on the week yesterday, when it dropped to 16,821. It later closed at 16,859, with a loss of 44 points on the day. However, the jump in US stocks yesterday has boosted the DAX futures since before and after the US close. The gains in the Nasdaq 100 have helped too. So, at one point today the DAX futures were pricing a reopening at well above 17k. However, right now those futures prices have backed off and it remains to be seen if the index can reach a new all time high above 17,003 when live trading resumes in less than one hour.The DAX futures are currently pricing that opening at around 16,980
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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