Sensexfxcue.com

(fxcue news) - Indian shares look set to open on a positive note Monday after Wall Street's main indexes inched higher in a shortened Black Friday trading session. Overall gains, however, are likely to be remain limited after India's Q2 GDP data came in much lower at 5.4 percent against the estimate of 6.5 percent. Global factors like political uncertainty in France, Donald Trump seeking a commitment from the BRICS nations on using the dollar and a mixed set of economic data from China may also lead to profit taking at higher levels as the session progresses. Automotive stocks could be in focus today as companies release their monthly sales figures. The upcoming RBI policy meeting on December 6 remains on investors' radar, with market participants awaiting clarity on the start of rate cuts and growth prospects. Asian markets were broadly higher this morning, the dollar started the week modestly and gold prices were down nearly 1 percent while oil ticked higher after the release of Chinese data. U.S. stocks ended Friday's abbreviated session mostly higher following the Thanksgiving Day holiday the previous day. The Dow rose 0.4 percent, and the S&P 500 added 0.6 percent to reach new record closing highs as the year-end holiday season kicked off. The tech-heavy Nasdaq Composite climbed 0.8 percent on the prospect of softer-than-expected U.S. curbs on chip equipment sales to China. European stocks closed higher on Friday after the release of German retail sales, unemployment, French GDP and Eurozone inflation data. The pan European STOXX 600 advanced 0.6 percent. The German DAX rallied 1 percent, France's CAC 40 jumped 0.8 percent and the U.K.'s FTSE 100 finished marginally higher.

Sensex

Thai Stock Market May Halt Losing Streak On Monday

Australia Company Operating Profits Sink 4.6% In Q3

Australia Building Approvals Rise 4.2% In October

Bay Street Likely To Open On Mixed Note

Japanese Market Slightly Lower

Euro Falls Against Majors

Sensex

Dollar Tumbled Last Week After An Eight-week Rally

Please sign in

Trader

Today's crude oil operation is considering a high sell low buy strategy, with a focus on resistance at $70.0-71.4 above and support at $68.4-67.7 below.

You can buy more near Gold 2647 and 2642, with a target of 2655-65.

Today, the short-term trading strategy for gold is mainly focused on rebound short selling, supplemented by buy long during pullbacks. The short-term focus above is on the resistance line at 2335-2341, while the short-term focus below is on the support line at 2295-2306.

The gold price is expected to rebound to 2657 or above, short selling at a loss of 2662, short looking at 2635-30, target at 2620-10 or below 2600; Short selling near 2670 with a loss of 2677, the target remains the same.

If spot gold falls back to 2637 today, buy long, conservatively buy long at 2635, stop loss at 2631, target at 2657, break through at 2661 and 2667 pressure.

Buy spot gold at 2643, take profit at 2652.

Today, all USDJPY, EURUSD, and GBPUSD trades were cut off...

If the gold market rises today, sell at 2652 and stop at 2657. The lower targets are 2634 and 2625, and leave. Buy at 2623-2621.

Tags

Sensex

Thai Stock Market May Halt Losing Streak On Monday

Australia Company Operating Profits Sink 4.6% In Q3

Australia Building Approvals Rise 4.2% In October

Bay Street Likely To Open On Mixed Note

Japanese Market Slightly Lower

Euro Falls Against Majors

Sensex

Dollar Tumbled Last Week After An Eight-week Rally

Please sign in

Trader

Today's crude oil operation is considering a high sell low buy strategy, with a focus on resistance at $70.0-71.4 above and support at $68.4-67.7 below.

You can buy more near Gold 2647 and 2642, with a target of 2655-65.

Today, the short-term trading strategy for gold is mainly focused on rebound short selling, supplemented by buy long during pullbacks. The short-term focus above is on the resistance line at 2335-2341, while the short-term focus below is on the support line at 2295-2306.

The gold price is expected to rebound to 2657 or above, short selling at a loss of 2662, short looking at 2635-30, target at 2620-10 or below 2600; Short selling near 2670 with a loss of 2677, the target remains the same.

If spot gold falls back to 2637 today, buy long, conservatively buy long at 2635, stop loss at 2631, target at 2657, break through at 2661 and 2667 pressure.

Buy spot gold at 2643, take profit at 2652.

Today, all USDJPY, EURUSD, and GBPUSD trades were cut off...

If the gold market rises today, sell at 2652 and stop at 2657. The lower targets are 2634 and 2625, and leave. Buy at 2623-2621.

Tags

关注我们的公众号