Weekly

November 10th

Today's amplitude range

The results of the mid-term elections in the United States are now surging, and the trend of the gold market is also wavering. The US dollar index has regained the 110 mark, and the price of gold is obviously under pressure at the 100-balance moving average, with the highest price.

The final decline ended. The price of gold fell yesterday, but the overall market momentum is still there. The market is concerned about the inflation data released tonight, and the gold market may expand its volatility.

Code injection and corrosion prevention. The suggested volatility today is $1,694 to $1,720.

Tired by the continuous warming of the epidemic, the decline of import and export data on Monday showed signs of a slowdown in the mainland economy, and the inflation data in the mainland unexpectedly fell. Yesterday,

The published consumer price index of China fell to an increase of 2.1% at the same level, which was worse than the market expectation. The phenomenon of lying flat may become a new trend, plus the producer price index.

It is now sinking, with a year-on-year decline of 1.3%, and China's economic prospects are hampered. The mainland stock market fell, and Hong Kong stocks did not run as well. Yesterday, they continued to close low by nearly 200 points.

Now it's two consecutive losses. The Hang Seng Index opened 4 points lower. After the mainland released inflation data, the selling pressure in the market increased. The Hang Seng Index once fell more than 300 points, and the closing decline narrowed to 198 points or

1.2%, closing at 16358.

The results of the mid-term elections in the United States have become the focus of the European and American markets, and investors' attitudes have gradually become conservative. In addition, German commercial banks have issued a battalion police to announce the profit in the third quarter on an annual basis.

By more than 50%, and it is also reported in the market that HSBC will continue to reduce its business in Europe, and plans to lay off more than 200 employees in France next year. European banking stocks

Leading the market, Germany's DAX index fell by 0.17%; Paris CAC index fell by 0.17%; Britain's FTSE 100 index fell 0.19%. The Republican Party of America may be

The Senate suffered a waterloo in the election, losing two swing states in a row, including Pennsylvania and New Hampshire. Investors were cautious in winning the election.

The media reported that after Musk entered the social network Twitter, he drastically reduced his Tesla stock by nearly $3.95 billion to pursue his dream, plus the Facebook parent.

As the company's performance continued to decline, it announced a large number of layoffs, and technology stocks became the target of public criticism. The Nasdaq Composite Index fell by 2.48%; The Dow Jones index fell by 1.95%;

And the S&P 500 index also fell 2.07%. The results of the mid-term elections in the United States are surging, the trend of the gold market is wavering, and the US dollar index has regained the 110 mark.

The price of gold finally fell. At last, the price of gold was as low as $1,703.2, and the highest price rose to $1,722.3, but the high price was under pressure and the market was paying attention to it.

The consumer price index released by the United States tonight, the price of gold finally fell, closing at $1,706.6, down $6.

For detailed analysis and operation suggestions, please CLICK the following link to join the group and ask the administrator.
https://t.me/mingtak