DAX Edges Higher On China Stimulus Optimismfxcue.com

(fxcue news) - German stocks traded slightly higher on Monday after a measure of China's consumer inflation unexpectedly decelerated in November and factory deflation eased, raising hopes for more proactive fiscal and monetary policies next year to boost domestic consumption. The Politburo, a top decision-making body led by President Xi Jinping, said today it will stabilize property and stock markets while strengthening the "unconventional counter-cyclical" adjustment. The benchmark DAX was up 24 points, or 0.1 percent, at 20,409 after closing up 0.1 percent on Friday. Meal-kit company HelloFresh plunged more than 7 percent after reports of a U.S. probe over allegations of child labor. Laboratory and pharmaceutical supplier Sartorius gained 1.1 percent after naming a new CEO. Stabilus jumped 3 percent despite the machinery industry company reporting a fall in profit for fiscal 2024. CompuGroup Medical soared 31 percent. The provider of healthcare software said it is in advanced talks to be acquired by CVC Capital Partners.

DAX Edges Higher On China Stimulus Optimism

Political Issues May Continue To Weigh On KOSPI

Malaysia Shares Likely Rangebound On Monday

Asian Shares Decline As China Deflation Persists

Japan GDP Data Due On Monday

European Shares Likely To Drift Lower Ahead Of Busy Week For Central Banks

Japan Stock Market May Turn Lower Again

DAX Edges Higher On China Stimulus Optimism

CAC 40 Rises As China Vows More Proactive Stimulus

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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

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DAX Edges Higher On China Stimulus Optimism

Political Issues May Continue To Weigh On KOSPI

Malaysia Shares Likely Rangebound On Monday

Asian Shares Decline As China Deflation Persists

Japan GDP Data Due On Monday

European Shares Likely To Drift Lower Ahead Of Busy Week For Central Banks

Japan Stock Market May Turn Lower Again

DAX Edges Higher On China Stimulus Optimism

CAC 40 Rises As China Vows More Proactive Stimulus

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

Tags

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