Global Market Outlook Summary - January 02, 2025

Aetram Global Research - Global Market Outlook Summary

Aetram Global Research - Global Market Outlook Summary

 Global Market Outlook Summary - January 02, 2025

One-liner Outlook  

*Dow Jones: Dow trades in corrective below 48,300; holding 48,000 keeps range intact, while strength above 48,500 revives upside, breakdown below 47,700 signals deeper pullback.

*Nasdaq: Nasdaq 100 shows mild bearish bias below 25,350; support at 25,000 critical, upside resumes above 25,600, while sustained weakness below 24,900 may accelerate selling pressure.

*US Dollar (DXY): Dollar Index stabilizes near 98.30 with neutral bias; strength above 98.60 signals recovery, while failure below 98.00 risks renewed downside toward 97.60 support.

*Gold (XAUUSD): Gold consolidates near 4,374 with bullish undertone; support holds at 4,320, breakout above 4,420 targets higher, while slip below 4,300 weakens short-term momentum.

*Silver (XAGUSD): Silver trades range-bound near 74.00; holding 73.20 keeps bullish structure, strength above 75.00 opens upside, breakdown below 72.80 risks corrective decline.

*Crude Oil: Crude oil moves sideways near 57.90; support at 57.20 key, breakout above 58.50 turns bullish, while weakness below 56.80 revives bearish pressure.

*Bitcoin: Bitcoin consolidates above 88,000 with positive bias; support at 87,200 holds structure, breakout above 89,500 targets higher, while fall below 86,500 signals weakness.