CAC 40 Gains Led By Banksfxcue.com

(fxcue news) - French stocks advanced on Thursday as President Emmanuel Macron seeks a way out of France's political crisis. Prime Minister Michel Barnier is expected to resign later today after being ousted in a no-confidence vote over a budget dispute. That makes him the shortest serving prime minister in modern French history. It is likely that the country will remain without a government for several weeks, if not months, until Macron appoints a new prime minister, who will have to form a new government. The State budget and the social security budget for 2025 will not be voted on, but the constitution allows special measures that would avert a U.S.-style government shutdown. The benchmark CAC 40 was up 42 points, or 0.6 percent, at 7,345 after gaining 0.7 percent the previous day. In corporate news, aircraft equipment manufacturer Safran SA plunged 5.2 percent after issuing new financial targets. Banks BNP Paribas, Credit Agricole and Societe Generale climbed 2-3 percent on hopes that the government can avoid a shutdown. Oil firm TotalEnergies added 1.5 percent after RBC upgraded its rating on the stock.

CAC 40 Gains Led By Banks

Yen Falls Against Majors

Dollar Tree Q3 Beats Market

Bay Street Likely To Open On Firm Note

Eurozone Private Sector Re-Enters Contraction Zone

Malaysia Bourse May Extend Winning Streak

Pound Falls Against Most Majors

CAC 40 Gains Led By Banks

Higher Open Anticipated For Taiwan Stock Market

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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

CAC 40 Gains Led By Banks

Yen Falls Against Majors

Dollar Tree Q3 Beats Market

Bay Street Likely To Open On Firm Note

Eurozone Private Sector Re-Enters Contraction Zone

Malaysia Bourse May Extend Winning Streak

Pound Falls Against Most Majors

CAC 40 Gains Led By Banks

Higher Open Anticipated For Taiwan Stock Market

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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