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South Korea Industrial Production Slips 0.2% In September

2024-10-29 3987

(fxcue news) - Industrial production in South Korea was down a seasonally adjusted 0.2 percent on month in September, Statistics Korea said on Thursday. That was well shy of forecasts for an increase of 1.2 percent following the 4.4 percent gain in August. On a yearly basis, industrial production sank 1.3 percent - again shy of expectations for a gain of 0.2 percent after adding 3.8 percent in the previous month. The stats bureau also said that retail sales slumped 0.4 percent on month after rising 1.7 percent a month earlier.

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South Korea Industrial Production Slips 0.2% In September

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South Korea Industrial Production Slips 0.2% In September

South Korea Industrial Production Slips 0.2% In September

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Gold 2681 short, stop loss 2690, target 2658

Gold trading strategy:1. Gold retraces to buy long at the 2653-2658 line, stop loss at 2645, target at the 2668-2673 line, break below the 2680 line;2. Gold rebounds, short selling at 2678-2680, stop loss at 2689, target at 2650-56, break at 2635-2640;

Crude oil was sold short at $74.90, with a stop loss of 30 points and a take profit of $73.90.

Gold rebounded in the morning session around 2678-2680 and shorted (bought down) in batches, with a 2/10 position and a stop loss of 6 points. The target is around 2670-2665, with a break to the 2660 line;

Short selling of 2680/2685 in spot market today, followed by short selling of 2695/90; 2660/62 buy more; Mainly focus on organizing and processing high-level intervals;

US crude oil fell 73.7 today, buy long, stop loss 73.2, target 74.4 and 75 pressure, and prepare to sell short above 75.2 pressure.

EUR/USD 1.03300 short, stop loss below 1.03500 target at 1.02800, break below at 1.02500

Short selling of silver at 30.4, stop loss at 30.6, target below at 30 and 29.9, break below at 29.7 and 26.5

If gold rises directly to 2682 in early trading today, sell it short with a stop loss of 2687. The lower targets are at 2668 and 2662, and if it falls below, look at the low support of 2655.

Short selling gold 2670 once, loss 2675, target at 2660;

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South Korea Industrial Production Slips 0.2% In September

South Korea Industrial Production Slips 0.2% In September

Sensex

Sensex

Please sign in

Trader

Gold 2681 short, stop loss 2690, target 2658

Gold trading strategy:1. Gold retraces to buy long at the 2653-2658 line, stop loss at 2645, target at the 2668-2673 line, break below the 2680 line;2. Gold rebounds, short selling at 2678-2680, stop loss at 2689, target at 2650-56, break at 2635-2640;

Crude oil was sold short at $74.90, with a stop loss of 30 points and a take profit of $73.90.

Gold rebounded in the morning session around 2678-2680 and shorted (bought down) in batches, with a 2/10 position and a stop loss of 6 points. The target is around 2670-2665, with a break to the 2660 line;

Short selling of 2680/2685 in spot market today, followed by short selling of 2695/90; 2660/62 buy more; Mainly focus on organizing and processing high-level intervals;

US crude oil fell 73.7 today, buy long, stop loss 73.2, target 74.4 and 75 pressure, and prepare to sell short above 75.2 pressure.

EUR/USD 1.03300 short, stop loss below 1.03500 target at 1.02800, break below at 1.02500

Short selling of silver at 30.4, stop loss at 30.6, target below at 30 and 29.9, break below at 29.7 and 26.5

If gold rises directly to 2682 in early trading today, sell it short with a stop loss of 2687. The lower targets are at 2668 and 2662, and if it falls below, look at the low support of 2655.

Short selling gold 2670 once, loss 2675, target at 2660;

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