Seoul apartment prices extended a rally that is testing the government’s efforts to curb speculative buying and sharpening President Lee Jae Myung’s criticism of those who own more than one home https://t.co/vBuN5QWHJC ...

Group 1 - The new trading range is expected to be between $5002.31 and $5143.89, with traders facing a decision to either short or anticipate a breakout if this zone is tested [1][2] - A significant sell-off occurred due to a combination of speculative trading and external factors, including the nomination of Kevin Warsh for the U.S. Federal Reserve Chair and a lack of clarity on rate cuts from the Fed [4] - The market's long-term outlook remains bullish, but the rapid rise driven by speculators has led to a correction, indicating a need for a support base to form above the 50-day moving average to attract real buyers [3][4] Group 2 - The first leg down from a major top is typically characterized by long liquidation, followed by a retracement of 50% to 61.8% of the previous move, with aggressive shorts likely to enter at the retracement zone [2] - If the retracement zone is breached, it may signal the return of buyers, while holding at this level indicates the presence of sellers [2]

Core Insights - Gold and silver experienced a decline on the last trading day of 2025 but are still on track for their largest annual gains in four decades, driven by strong demand for safe-haven assets amid geopolitical risks and interest rate cuts by the US Federal Reserve [1][2] Group 1: Market Performance - Spot gold fell below $4,320 per ounce, while silver approached $70, with both metals showing significant volatility in post-holiday trading [1] - Gold prices have increased approximately 64% over the past year, surpassing an inflation-adjusted peak set 45 years ago, with prices exceeding $4,000 in early October [4] - Silver has gained nearly 150% during the year, influenced by speculative buying and industrial demand, particularly in electronics and renewable energy sectors [5] Group 2: Market Dynamics - The surge in gold and silver prices is attributed to the "debasement trade," driven by inflation fears and rising debt in developed economies, leading to increased investment in bullion-backed exchange-traded funds and central bank purchases [2][3] - The recent volatility prompted CME Group to raise margin requirements for precious-metal futures, which may force some speculators to reduce or exit their positions, potentially impacting prices [7]