Sensex Plunges 1fxcue.com

(fxcue news) - Indian shares ended sharply lower on Thursday after a modest start. Weak global cues, profit booking after recent gains and volatility as a result of the expiry of monthly derivative contracts weighed on domestic markets. Global cues were tepid as uncertainty prevailed over U.S. President-elect Donald Trump's tariff policies and the Federal Reserve's interest rate path. The U.S. inflation outlook has become cloudier as another solid monthly core inflation for November challenged the FOMC's view of bringing inflation to the 2 percent target. The benchmark S&P/BSE Sensex slumped 1,190.34 points, or 1.48 percent, to 79,043.74 while the broader NSE Nifty index closed at 23,914.15, down 360.75 points, or 1.49 percent, from its previous close. Infosys, Mahindra & Mahindra, HDFC Life and SBI Life fell 3-5 percent in the Nifty pack while SBI, Shriram Finance and Cipla ended with modest gains. Adani Group stocks rallied for a second straight day, with Adani Green, Adani Energy Solutions and Adani Total Gas rising 10-15 percent.

Sensex Plunges 1

China Manufacturing PMI Rallies In November - Caixin

Non farm payroll tests Trump's victory, causing gold prices to hit their biggest monthly decline in a year

The weak rebound of gold after a sharp decline depends on the direction of this pattern

Short term trading strategy for foreign exchange currencies on December 2nd

Indian Rupee Falls To 6-day Low Against U.S. Dollar

European Markets Rebound Led By Technology Stocks

Sensex Plunges 1

Japan Industrial Output

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12/27 Gold Day Short term Strategy Reference:1. First fall back, first see around 2623. Short buy again, lose 2615, target at 2643-2655-2673! 2. Rush high for the first time. Short sell at any time around 2655-58, with a loss of 2660. Target at 2643-2633-2623!

Buy long for spot gold at 2628 or 24, and sell short when it first rises close to 2644 or 2654. Last night, buy long around 2621 and sell short around 2639. Crude oil prices have increased from over 70 to 70.7, but short selling around 71 has not been achieved.

Buy near gold 2622, protect 2612, target 2634-2642;

Today's spot gold is in the short-term range of 2640-2620; Low absorption and high selling within the range; If it stabilizes at 2640-2645, it is necessary to buy long in the short term with a bullish trend; 2640-2645 is the position of the strong weak boundary point;

Today's spot gold operation is considering a pullback layout, with buying long orders as the main strategy and short selling high as a supplement. The upper focus is on the resistance of $2640-2657, and the lower focus is on the support of $2622-2613.

Last Friday's long gold trading took profit, and today's two short selling transactions also took profit, perfect

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Sensex Plunges 1

China Manufacturing PMI Rallies In November - Caixin

Non farm payroll tests Trump's victory, causing gold prices to hit their biggest monthly decline in a year

The weak rebound of gold after a sharp decline depends on the direction of this pattern

Short term trading strategy for foreign exchange currencies on December 2nd

Indian Rupee Falls To 6-day Low Against U.S. Dollar

European Markets Rebound Led By Technology Stocks

Sensex Plunges 1

Japan Industrial Output

Please sign in

Trader

12/27 Gold Day Short term Strategy Reference:1. First fall back, first see around 2623. Short buy again, lose 2615, target at 2643-2655-2673! 2. Rush high for the first time. Short sell at any time around 2655-58, with a loss of 2660. Target at 2643-2633-2623!

Buy long for spot gold at 2628 or 24, and sell short when it first rises close to 2644 or 2654. Last night, buy long around 2621 and sell short around 2639. Crude oil prices have increased from over 70 to 70.7, but short selling around 71 has not been achieved.

Buy near gold 2622, protect 2612, target 2634-2642;

Today's spot gold is in the short-term range of 2640-2620; Low absorption and high selling within the range; If it stabilizes at 2640-2645, it is necessary to buy long in the short term with a bullish trend; 2640-2645 is the position of the strong weak boundary point;

Today's spot gold operation is considering a pullback layout, with buying long orders as the main strategy and short selling high as a supplement. The upper focus is on the resistance of $2640-2657, and the lower focus is on the support of $2622-2613.

Last Friday's long gold trading took profit, and today's two short selling transactions also took profit, perfect

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