🚨 Gold Update: Bulls Eye $3,500 Again? 📈
08 Aug 2025
07 Aug 2025
S&P 500 Faces Test as Valuations Stretch and Seasonality Weighs In
The S&P 500 is holding near record highs, but warning signs are flashing. Overbought conditions, high stock valuations, and weak U.S. economic data could challenge the current bullish momentum.
Historically, August and September are tough months for U.S. equities, with average losses of 0.7%, raising the risk of a short-term pullback.
Tech stocks, which have powered recent rallies, may soon feel the pressure. Investors are watching closely as Fed officials hint at future rate cuts. Meanwhile, political tensions from Donald Trump’s trade threats could stir fresh market volatility.
📊 Key Levels to Watch:
Support: 6240–6250 zone
Resistance: 6366 and 6468 (all-time high)
For now, bulls remain in control—but markets are in need of a new catalyst to sustain the momentum.
