Breakthrough on the way to over 20,000 DAX points?
Was yesterday's Thursday the long-awaited breakthrough in the DAX to finally attack the 20,000 threshold? It seems possible, because the US markets are currently holding on to their high prices, which could indicate that there is still interest in buying shares. If a new buying impulse is triggered, the German leading index has put itself in an excellent starting position to also continue to take off. Yesterday's trading day brought the DAX a plus of 1.37 percent and a score of 19,263 points.
Siemens about to break out to a new annual high
Meanwhile, yesterday it was the Siemens AG share that won the day in the DAX with a plus of 4.9 percent, ahead of the Infineon share, which also gained a strong 4.6 percent. Siemens, for its part, was able to present good figures, which led analysts to continue to recommend buying the share. Investors snapped up the share and it is now on the verge of breaking out to a new annual high. The situation is different for the Infineon share, which is still caught in its downward trend. The confirmation of the ASML targets gave Infineon a boost, but it is doubtful whether this already signals a trend reversal.
Gold slows down downward momentum
Gold may have gradually reached the end of its correction. The precious metal managed to slow down the downward momentum yesterday and at least partially make up for the losses towards the end of the trading day. These are the first signs that a countermovement in the buying direction could be started, but it is still a little too early to be able to assess this clearly. Gold was at least able to defend the support area at 2,530 US dollars, which can already be a positive indication of this.
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