
The stock market has experienced significant intraday movements, particularly with the Nasdaq-100 ETF ($QQQ) reaching 500, marking a notable bounce from a low of 494. Analysts suggest that this rebound is part of a broader bullish trend, with expectations for further gains. The S&P 500 ETF ($SPY) is also showing strength, trading above 590 and aiming to fill a gap up to 594. In the commodities market, gold ($GLD) and gold miners ($GDX) have seen a solid rebound, continuing their upward trajectory for three consecutive days. Analysts noted that gold has recovered half of its recent losses and is approaching its 50-day moving average, with potential resistance ahead at all-time highs. The market sentiment remains optimistic, especially as the holiday season approaches.


It may not be moving like bitcoin, but gold is up 3 days in a row, has recovered half of its recent drop and is back to the 50DMA. Once above, the push for another new all time high is clear. https://t.co/ySeJ3QGmtE
Graddhy: "L'or a repris son mouvement haussier... Les deux cassures bleues à la hausse précédentes nous donnent un aperçu de ce qui va arriver..." https://t.co/jrGgxeIO1V
Graddhy: « L’or a repris son mouvement haussier… Les deux cassures bleues à la hausse précédentes nous donnent un aperçu de ce qui va arriver… » https://t.co/UXb8kSmXYl