Australian Market Extends Gains In Mid-marketfxcue.com

(fxcue news) - The Australian stock market is extending its gains in mid-market trading on Tuesday, continuing to add to the gains in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying a tad above the 8,200 level, with stocks across sectors trading mixed amid a lack of direction ahead of the Christmas holidays. The benchmark S&P/ASX 200 Index is gaining 11.40 points or 0.14 percent to 8,213.00, after touching a high of 8,215.30 earlier. The broader All Ordinaries Index is up 12.00 points or 0.14 percent to 8,464.70. Australian stocks closed notably lower on Monday. Among the major miners, BHP Group and Rio Tinto are losing almost 1 percent each, while Fortescue Metals is edging down 0.1 percent. Mineral Resources is edging up 0.2 percent. Oil stocks are mostly higher. Origin Energy and Santos are edging up 0.3 to 0.5 percent each, while Woodside Energy is gaining more than 1 percent and Beach energy is adding almost 1 percent. Among tech stocks, Afterpay owner Block is losing more than 1 percent, Appen is declining 3.5 percent and Zip is down 2.5 percent, while WiseTech Global is gaining more than 1 percent and Xero is edging up 0.2 percent. Gold miners are mostly lower. Gold Road Resources and Northern Star resources are losing almost 1 percent each, while Resolute Mining is declining more than 2 percent. Newmont is edging up 0.2 percent. Evolution Mining is flat. Among the big four banks, Commonwealth Bank, Westpac, National Australia Bank and ANZ Banking are all edging up 0.1 to 0.4 percent each. In the currency market, the Aussie dollar is trading at $0.624 on Monday.

Australian Market Extends Gains In Mid-market

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Australian Market Extends Gains In Mid-market

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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

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

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Australian Market Extends Gains In Mid-market

European Stocks Close Mixed After Cautious Session

Canadian Market Modestly Higher In Cautious Trade

Yen Falls Against Majors

Canadian Dollar Rises Against Majors

Japanese Market Modestly Lower

Canadian Dollar Rises As Crude Oil Prices Traded Higher

Australian Market Extends Gains In Mid-market

U.S. Consumer Confidence Unexpectedly Deteriorates In December

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

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

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