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Gold Surges, Nasdaq 100 Nears Resistance and Biotech Stocks Soar

Published 2024-08-20, 08:27 a/m
NDX
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XAU/USD
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XAG/USD
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DJI
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US2000
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GC
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SI
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NQU24
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GSPTSE
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The current state of the financial markets, a calm pre-market environment except for the rising price of gold. The major U.S. indices, including the Dow, S&P 500, and Nasdaq 100, continued their upward momentum, with the Nasdaq 100 attempting to break through resistance. The Russell 2000 also saw gains, particularly in small caps and micro caps. Monday's U.S. market saw strong performances from Biotech stocks, Silver miners, Homebuilders, and Gold stocks, while the Canadian market recorded new closing highs in the Vanguard Canada ETF and iShares TSX 60, though Energy stocks experienced a decline.

This content was originally posted on the Stock Market Timing YouTube Channel

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