ProjectSyndicate Market Summary | Weekly update
📊 WTD performance
🟡 GOLD (XAUUSD): ~4,198.00 | +34.00 (+0.81 %)
💶 EURUSD: ~1.1645 | +45 pips (+0.39 %)
💷 GBPUSD: ~1.3330 | +83 pips (+0.62 %)
💴 USDJPY: ~155.35 | −93 pips (−0.60 %)
📈 SPX: ~6,870.40 | +21.31 (+0.31 %)
📈 NDX: ~25,692.05 | +257.16 (+1.01 %)
🟡 Gold holding near $4.2k after a huge 2025 run, consolidating just below record highs as Dec Fed-cut odds stay ~87% and the dollar softens.
💶💷 EUR & GBP grind higher vs USD on dovish Fed pricing and a calm UK budget, while 💴 JPY claws back ground as BoJ normalization chatter caps USDJPY ~155.
📈 SPX & NDX notch another green week, hovering near all-time highs despite a sharp selloff in Treasuries.
Key GOLD levels into next week:
📉 Support: $4,150 first, then the $4,050–4,080 congestion zone from late November.
📈 Resistance: The $4,250 area is the near-term cap; above that, the prior record zone around $4,380–4,400 remains the big line in the sand.
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