Having declined sharply, there is a possibility of a pullback rally in the short term, which is expected to be a ‘sell on rise’ opportunity. Important resistance to be watched at 21,700-21,800 levels.
The Nasdaq closed higher Tuesday, while the S&P 500 and Dow declined as investors assessed economic data for the Federal Reserve’s policy outlook. Nonfarm payrolls
Gold prices surged as a weaker-than-expected U.S. jobs report fueled expectations of future interest rate cuts. The rising unemployment rate in November pressured the dollar
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