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

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CAC 40 Gains Led By Banks

Non farm farming is coming! Gold prices retreat to near one week low, attention still needs to be paid to geopolitical situation

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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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CAC 40 Gains Led By Banks

Japan's heavyweight data 'hits record high', 'black swan' may really fly out this month!

Short term trading strategy for foreign exchange currencies on December 6th

South Korea GDP Data Due On Thursday

TSX Closes At New High; BMO

Dollar Recovers After Setback

U.S. Dollar Falls As ISM Services PMI Disappoints

CAC 40 Gains Led By Banks

Non farm farming is coming! Gold prices retreat to near one week low, attention still needs to be paid to geopolitical situation

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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