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New York Manufacturing Index Soars Into Positive Territory November

2024-11-09 3954

(fxcue news) - A report released by the Federal Reserve Bank of New York on Friday showed regional manufacturing activity has seen a substantial turnaround in the month of November. The New York Fed said its general business conditions index skyrocketed to a positive 31.2 in November from a negative 11.9 in October, with a positive reading indicating growth. Economists had expected the index to jump to a negative 0.7. With the much bigger than expected increase, the general business conditions index reached its highest level since December 2021. Looking ahead, the New York Fed said firms remained optimistic that conditions would continue to improve in the months ahead.

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New York Manufacturing Index Soars Into Positive Territory November

U.S. Import Prices Unexpectedly Rise 0.3% In October

U.S. Retail Sales Climb Slightly More Than Expected In October

U.S. Import Prices Unexpectedly Increase In October

UK Economy Logs Meager Growth In Q3

Japan Core Machine Orders Slip 0.7% In September

U.S. Retail Sales Climb 0.4% In October

New York Manufacturing Index Soars Into Positive Territory November

FDA Approves PTC's Kebilidi As First Gene Therapy To Treat AADC Deficiency

Please sign in

Trader

Gold trading: 2615 short selling, loss 2624, take profit 2593

Gold short selling stop loss...

Today's gold trading strategy 1: Buy long until it falls back to around 2589, lose 2582, look short around 2615, target 2620-25; Strategy 2: Short sell when the rebound reaches around 2625, with a loss of 2633. Short look around 2590, with a target of 2560.

Sell near spot gold 2604, protect 2614, target 2582-2570; Break through holding;

Gold bought more at 2590 in the morning session of the Asian market today, 2585, with a target of 2610.

Short term focus on the resistance line of 70.5-71.0 above crude oil, and short-term focus on the support line of 68.0-67.5 below.

Today's short-term operations in gold are mainly focused on rebound short selling, supplemented by buy long during pullbacks. The short-term focus above is on the resistance line of 2605-2610, while the short-term focus below is on the support line of 2575-2570.

Today, I made two gold trades and achieved a perfect profit

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New York Manufacturing Index Soars Into Positive Territory November

U.S. Import Prices Unexpectedly Rise 0.3% In October

U.S. Retail Sales Climb Slightly More Than Expected In October

U.S. Import Prices Unexpectedly Increase In October

UK Economy Logs Meager Growth In Q3

Japan Core Machine Orders Slip 0.7% In September

U.S. Retail Sales Climb 0.4% In October

New York Manufacturing Index Soars Into Positive Territory November

FDA Approves PTC's Kebilidi As First Gene Therapy To Treat AADC Deficiency

Please sign in

Trader

Gold trading: 2615 short selling, loss 2624, take profit 2593

Gold short selling stop loss...

Today's gold trading strategy 1: Buy long until it falls back to around 2589, lose 2582, look short around 2615, target 2620-25; Strategy 2: Short sell when the rebound reaches around 2625, with a loss of 2633. Short look around 2590, with a target of 2560.

Sell near spot gold 2604, protect 2614, target 2582-2570; Break through holding;

Gold bought more at 2590 in the morning session of the Asian market today, 2585, with a target of 2610.

Short term focus on the resistance line of 70.5-71.0 above crude oil, and short-term focus on the support line of 68.0-67.5 below.

Today's short-term operations in gold are mainly focused on rebound short selling, supplemented by buy long during pullbacks. The short-term focus above is on the resistance line of 2605-2610, while the short-term focus below is on the support line of 2575-2570.

Today, I made two gold trades and achieved a perfect profit

Tags

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