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Swiss Market Close Moderately Lower

2024-12-01 1211

(fxcue news) - The Switzerland market closed weak on Wednesday after languishing in the red right through the day's trading session, as investors looked for directional clues and made cautious moves. Concerns about the political turmoil in France weighed on sentiment. The benchmark SMI closed down 50.71 points or 0.43% at 11,783.61, after moving in a close range between 11,753.28 and 11,828.36. Novartis ended down 3.14%. Holcim and Kuehne + Nagel both closed down 1.31%. Zurich Insurance Group ended 1% down, while Sandoz Group, Swiss Life Holding, Swisscom, Roche Holding and Nestle lost 0.3 to 0.8%. Logitech International climbed nearly 2.5%. SIG Group, Schindler Ps, ABB and SGS gained 1.6 to 1.9%. Geberit, VAT Group, Alcon, Richemont and Adecco closed up 0.9 to 1.4%. Lonza Group, Straumann Holding and Partners Group also ended weak.

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Swiss Market Close Moderately Lower

Rally May Stall For Malaysia Stock Market

KOSPI Poised To Extend Losing Streak

Dollar Drifts Lower On Weak Economic Data

U.S. Trade Deficit Narrows To $73.8 In October As Imports Tumble

Japanese Market Significantly Higher

U.S. Dollar Drops As Jobless Claims Increase

Swiss Market Close Moderately Lower

Japan Household Spending Data Due On Friday

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Trader

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

Buy more directly near the current gold price of 2626, with targets of 2642, 2650, and 2664; If three points of 2642, 2650, and 2664 are given for the first time, short selling is allowed; If you buy more in batches around three o'clock on 2623, 2620, and 2614;

Gold has emerged from the convergence triangle, and you can buy long after the afternoon rebound. Pay attention to the support levels of 2620 and 2616 below, and the pressure level of 2633 above! Buy long near gold 2622 and 2618, stop loss 2612, target 2633-40

Spot gold: buy long at 2616-10, stop loss at 7 points, target 28-36, look up in sequence;2632-38 short selling, stop loss of 7 points, target 16-10-06 stage open positions to gradually reduce positions. Let's take a look below;

Gold rebounds with a short selling range of 2635-2640, with a stop loss of 2649 and a target range of 2598-2600;

Crude oil, focus on resistance at $70.6-71.5 above and support at $69.3-68.5 below.

Today, the rebound in gold trading is mainly driven by short selling, supplemented by buying during a pullback. The short-term focus is on the resistance line of 2620-2625 above, and the short-term focus is on the support line of 2600-2598 below.

Tags

Swiss Market Close Moderately Lower

Rally May Stall For Malaysia Stock Market

KOSPI Poised To Extend Losing Streak

Dollar Drifts Lower On Weak Economic Data

U.S. Trade Deficit Narrows To $73.8 In October As Imports Tumble

Japanese Market Significantly Higher

U.S. Dollar Drops As Jobless Claims Increase

Swiss Market Close Moderately Lower

Japan Household Spending Data Due On Friday

Please sign in

Trader

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

Buy more directly near the current gold price of 2626, with targets of 2642, 2650, and 2664; If three points of 2642, 2650, and 2664 are given for the first time, short selling is allowed; If you buy more in batches around three o'clock on 2623, 2620, and 2614;

Gold has emerged from the convergence triangle, and you can buy long after the afternoon rebound. Pay attention to the support levels of 2620 and 2616 below, and the pressure level of 2633 above! Buy long near gold 2622 and 2618, stop loss 2612, target 2633-40

Spot gold: buy long at 2616-10, stop loss at 7 points, target 28-36, look up in sequence;2632-38 short selling, stop loss of 7 points, target 16-10-06 stage open positions to gradually reduce positions. Let's take a look below;

Gold rebounds with a short selling range of 2635-2640, with a stop loss of 2649 and a target range of 2598-2600;

Crude oil, focus on resistance at $70.6-71.5 above and support at $69.3-68.5 below.

Today, the rebound in gold trading is mainly driven by short selling, supplemented by buying during a pullback. The short-term focus is on the resistance line of 2620-2625 above, and the short-term focus is on the support line of 2600-2598 below.

Tags

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