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European Economic News Preview: Eurozone Final Factory PMI Due

2024-12-03 1947

(fxcue news) - Final manufacturing Purchasing Managers' survey results from the euro area and the UK are the top economic news on Monday. At 3.15 am ET, Spain's manufacturing PMI survey data is due. The index is expected to fall to 53.9 in November from 54.5 in the previous month. At 3.45 am ET, manufacturing PMI survey results are due from Italy. Economists forecast the indicator to register 46.1 in November, down from 46.9 in October. Thereafter, manufacturing PMI survey results are due from France and Germany at 3.50 am and 3.55 am ET. At 4.00 am ET, Eurozone final manufacturing PMI survey data is due. Economists expect the index to fall to 45.2 in November from 46.0 in October. At 4.30 am ET, S&P Global publishes UK final factory PMI data. The index is forecast to fall to 48.6 in November, in line with flash estimate, from 49.9 in October. At 5.00 am ET, Eurostat releases euro area unemployment data for October. The jobless rate is seen unchanged 6.3 percent.

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European Economic News Preview: Eurozone Final Factory PMI Due

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European Economic News Preview: Eurozone Final Factory PMI Due

Analysis of the Trend of Foreign Exchange Gold and Crude Oil on December 3rd

Pound Drops On Tariff Concerns

U.S. Dollar Rises Against Majors

Swiss Market Ends On Firm Note

Dollar Tumbled Last Week After An Eight-week Rally

U.S. Construction Spending Climbs More Than Expected In October

European Economic News Preview: Eurozone Final Factory PMI Due

Sensex

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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.

Operation suggestion: Short sell near gold 2650-52, loss 2658, look at 2640, 2635; Near 2635 in the data, you can also buy short and buy long!

Short selling (buy down) in batches around 2650-2652 for gold rebound, with a 2/10 position and a stop loss of 6 points. The target is around 2635-2630, with a break at the 2625 level;

Crude oil prices have risen and broken through, and bulls are expected to continue. In today's operations, it is recommended to consider a pullback layout and buy first, with high selling as a supplement. Focus on resistance at $71.4-72.4 above and support at $69.5-68.5 below.

We are considering a high sell low buy strategy for spot gold operations today, with a focus on resistance at $2655-2666 above and support at $2633-2620 below.

Gold is expected to rebound to around or above 2650 and sell short, with a loss of 2655. Short term view is 2630-25, with a target of around or below 2600; Short selling near 2670 with a loss of 2677, the target remains the same.

Gold operation strategy: Short sell gold at the 2648-53 line, stop loss at 2658, target at the 2612-2618 line, break below the 2606-2600 line;

Gold Strategy: 2645-2650 Short Selling Stop Loss 2658 Target 2630

Considering the rebound of crude oil operations today, short selling is the priority, with buying long at low prices as a supplement. Focus on resistance at $68.6-69.2 above and support at $67.0-66.0 below.

Sell directly near gold 2639, targeting 2622-2615-2606; If short selling is done in batches at three points: 2644, 2647, and 2654; If you buy more around 2622, 2615, and 2606 for the first time;

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European Economic News Preview: Eurozone Final Factory PMI Due

Analysis of the Trend of Foreign Exchange Gold and Crude Oil on December 3rd

Pound Drops On Tariff Concerns

U.S. Dollar Rises Against Majors

Swiss Market Ends On Firm Note

Dollar Tumbled Last Week After An Eight-week Rally

U.S. Construction Spending Climbs More Than Expected In October

European Economic News Preview: Eurozone Final Factory PMI Due

Sensex

Please sign in

Trader

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.

Operation suggestion: Short sell near gold 2650-52, loss 2658, look at 2640, 2635; Near 2635 in the data, you can also buy short and buy long!

Short selling (buy down) in batches around 2650-2652 for gold rebound, with a 2/10 position and a stop loss of 6 points. The target is around 2635-2630, with a break at the 2625 level;

Crude oil prices have risen and broken through, and bulls are expected to continue. In today's operations, it is recommended to consider a pullback layout and buy first, with high selling as a supplement. Focus on resistance at $71.4-72.4 above and support at $69.5-68.5 below.

We are considering a high sell low buy strategy for spot gold operations today, with a focus on resistance at $2655-2666 above and support at $2633-2620 below.

Gold is expected to rebound to around or above 2650 and sell short, with a loss of 2655. Short term view is 2630-25, with a target of around or below 2600; Short selling near 2670 with a loss of 2677, the target remains the same.

Gold operation strategy: Short sell gold at the 2648-53 line, stop loss at 2658, target at the 2612-2618 line, break below the 2606-2600 line;

Gold Strategy: 2645-2650 Short Selling Stop Loss 2658 Target 2630

Considering the rebound of crude oil operations today, short selling is the priority, with buying long at low prices as a supplement. Focus on resistance at $68.6-69.2 above and support at $67.0-66.0 below.

Sell directly near gold 2639, targeting 2622-2615-2606; If short selling is done in batches at three points: 2644, 2647, and 2654; If you buy more around 2622, 2615, and 2606 for the first time;

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