TSX Ends Shortened Session On Firm Notefxcue.com

(fxcue news) - The Canadian market ended the shortened trading session on Tuesday modestly higher thanks to gains in energy and technology sectors. The volume of business remained rather thin as investors refrained from making significant moves ahead of Christmas and Boxing Day holidays. The Canadian market will resume trading on Friday (December 27). The benchmark S&P/TSX Composite Index closed up 97.84 points or 0.4% at 24,846.82. Technology stock BlackBerry (BB.TO) gained more than 4%. Bitfarms (BITF.TO) climbed 6.1%. Converge Technology Solutions (CTS.TO) gained 2.85%, while Shopify Inc (SHOP.TO), Docebo Inc (DCBO.TO) and Descartes Systems Group (DSG.TO) closed higher by 1.1 to 1.6%. Energy stocks Vermilion Energy (VET.TO), Athabasca Oil Corp (ATH.TO), Veren Inc (VRN.TO), Advantaga Oil & Gas (AAV.TO), Nuvista Energy (NVA.TO), International Petroleum Corp (IPCO.TO) and Meg Energy (MEG.TO) advanced 2 to 3%. Ats Corp (ATS.TO), up 4.3%, was the top gainer in the industrials section. Tfi International (TFII.TO) and Exchange Income Corp (EIF.TO) climbed 1.8% and 1.6%, respectively. Richelieu Hardware (RCH.TO), Waste Connections (WCN.TO), Cae Inc (CAE.TO) and Badger Infrastructure Solutions (BDGI.TO) gained 1 to 1.3%.

TSX Ends Shortened Session On Firm Note

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TSX Ends Shortened Session On Firm Note

Japanese Market Modestly Lower

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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

TSX Ends Shortened Session On Firm Note

Sensex

U.S. New Home Sales Show Significant Rebound In November

Yen Falls Against Majors

Canadian Dollar Rises Against Majors

Swiss Franc Weakens Against Most Majors

Japan Leading Index Data Due On Wednesday

TSX Ends Shortened Session On Firm Note

Japanese Market Modestly Lower

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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