China's economy has a sudden major news! Bloomberg: Chinese economists expect government to make biggest move in 30 years
According to Bloomberg's latest report on Tuesday (December 10th), Chinese economists have stated that China may raise its budget deficit to the highest level in 30 years after its top leaders issued their boldest stimulus signals in years.
- 2024-12-10
Gold breaks through key resistance! Is $2700 within reach?
On Tuesday (December 10th), spot gold continued yesterday's gains and is currently trading at $2663.82 per ounce, with a slight increase of 0.14% for the day, approaching a two-week high. Multiple factors have jointly driven the upward trend of gold prices
- 2024-12-10
Australian Dollar Falls Against Majors
- 2024-12-10
12.10 Gold and Silver Explosion, Important Time Node at Inflation Data CPI
Gold and silver rose on Monday as the People's Bank of China resumed gold purchases after a six-month hiatus, and expectations for the Federal Reserve to cut interest rates next week strengthened. Additionally, the collapse of the Assad dynasty in Syria further shook stability in the Middle East.
- 2024-12-10
100% Trend Lock System v1
A system suitable for scalp peeling trading and long-term trading
- 2024-12-10
US index focuses on daily resistance suppression, EURUSD focuses on daily support for upward movement
Recently, the gold market has been affected by multiple intertwined factors, and the situation is complex. From the demand side, the Chinese factor is receiving attention. In 2023, China will be the largest official buyer of gold.
- 2024-12-10
Short selling of gold 73-74, expected to sell back within the day
Gold, affected by the situation in the Middle East yesterday, saw continuous bullish momentum. After breaking through the previous range in the European market, the US market rose again,
- 2024-12-10
Asian Markets Mixed Amid Cautious Trades
- 2024-12-10
Gold breakthrough, don't rush to say strong!
After a 14 year hiatus, the loose monetary policy has once again been widely circulated by major media outlets since yesterday afternoon. This is undoubtedly a good thing. Loose monetary policy means releasing water, and at least the real estate and stock markets will not be crushed. We will first revive them and gradually talk about adjustments.
- 2024-12-10
Crude oil rebound continues to layout southward, waiting for a breakthrough
Crude oil is currently experiencing a normal low-level technical rebound and has not shown significant positive news. The possibility of a sustained rebound is unlikely, and I am optimistic about the future trend of continued oscillation and weak operation.
- 2024-12-10
Under the dual support of supply and demand, are oil bulls returning as kings or just making a feint?
On Tuesday (December 10th), US crude oil fell slightly during the Asian trading session, trading around $68.22 per barrel. Yesterday, US crude oil rebounded by over 1%, reversing last Friday's decline, and the K-line showed a swallowing pattern.
- 2024-12-10
Bank of America: Expected gold price to reach $3000 in the second half of 2025
Bank of America stated that gold prices are still expected to touch $3000 per ounce next year, but investors need to be patient as the current consolidation period may continue into the first half of next year.
- 2024-12-10
Gold has broken through, adjust your mindset for the day, fall back and buy more!
The trend of gold always surprises, and safe haven events continue to ferment in the middle of the night. Therefore, gold has also started a continuous upward trend, breaking through 2657 and accelerating continuously.
- 2024-12-10
Spot gold trend line suppression, temporary adjustment, long short battle to determine the winner!
On Monday, the market opened in the morning, with gold forming a roller coaster trend of 2650-2620, oscillating upwards during the day and falling back in the US market;
- 2024-12-10
12.10 Gold Trading Strategy: Turbulent Upward Resistance
Your profit comes from the losses of others. That is to say, when someone makes a mistake, the market will generate profits that can be earned by others. However, you cannot calculate or predict how many people will make mistakes or make big mistakes in the next step,
- 2024-12-10
Spot gold triangle range fluctuates, with high short selling and low buying being the main focus
The gold daily chart rebounded with a small bullish candlestick, but the physical value remained small. After breaking through the upper limit of the range at 2665, it recovered within the range at the end of the trading session
- 2024-12-10
Short term trading strategy for foreign exchange currencies on December 10th
Technically speaking, the US dollar index encountered resistance on Monday when it rose below 106.25, and was supported when it fell above 106.00, indicating that the US dollar may maintain its upward trend after a short-term decline.
- 2024-12-10
How to trade gold when the "big event" of a surge in gold prices of $27 hits
Mainly driven by the resumption of gold purchases by the People's Bank of China after a six-month suspension, coupled with significantly increased market expectations for the Federal Reserve's interest rate cut next week
- 2024-12-10
It's time to sell the US dollar now! Morgan Stanley: Market 'Overestimates' Trump China Tariff War Should Buy AUD and GBP
Morgan Stanley analyst David Adams disagrees with the current bullish sentiment towards the US dollar in his report, which is driven by US economic growth and the promise of new tariffs by President elect Donald Trump's administration.
- 2024-12-10
Multiple positive factors boost bullish morale, with gold prices reaching a two-week high
On Tuesday morning (December 10th) in the Asian market, spot gold fluctuated narrowly and is currently trading around $2660.70 per ounce, holding most of the overnight gains. The gold price hit a two-week high of $2676.31 per ounce on Monday
- 2024-12-10