Weekly

Continue to fall

2022-12-13

December 13th

Today's amplitude range

Yesterday, the price of gold fell faster after falling below the watershed of $1,784, reaching a low of $1,777.7 and closing at nearly $1,782. The position is still "awkward"! On strategy

Still "high-altitude" operation is the main method, with two bets of $1,786 and $1,789 for short positions and $1,792 for corrosion stop. The suggested volatility today is $1,775 to $1,789.

The mainland economy is slowing down, and the demand for private loans continues to be weak. The People's Bank of China announced yesterday that new loans last month amounted to 1.21 trillion yuan, less than the market expectation.

2%, the bank here has money and no one borrows it, and the indoor enterprises with water shortage on the other side have difficulties in issuing bonds and borrowing money from banks. Many major shareholders of indoor enterprises have recently taken advantage of their share prices.

The high-level rights issue affected the market sentiment, coupled with the decline of US stocks last Friday. The Hang Seng Index opened lower by more than 300 points, falling at most by 534 points, and closed at 19,463 points. Finally,

It fell by 437 points or 2.2%.


This week, the Federal Reserve will announce the results of its last interest rate meeting this year. Similarly, the Bank of England and the European Central Bank will also announce the interest rate increase arrangement on the same day. European stocks

With the strong wait-and-see atmosphere of investors in Beijing and the optimization of epidemic prevention policies in China, the number of infection cases in Beijing is on the rise, becoming an unstable factor, ranking the top three in Europe.

Last week, the stock market fell across the board, and the German DAX index fell by 0.45%; Paris CAC index and UK FTSE 100 index both fell by 0.41%. Microsoft expands outward,

It was revealed that the company acquired a 4% stake in the London Stock Exchange Group, which boosted the market atmosphere. Although the market still has the worry of raising interest rates, before Powell

After four consecutive violent interest rate hikes of 75 points, the Federal Reserve will not raise interest rates excessively, so as to accelerate the economic recession and raise interest rates for the last time this year.

Will slow down, and the three major stock indexes of Wall Street will rise across the board, with the Dow Jones index rising by 1.58%; The S&P 500 index rose by 1.43%; The Nasdaq Composite Index rose 1.26

%。

The gold market fell unilaterally. When the Asian market opened, the gold price started its bottom-finding journey yesterday. After repeatedly testing the support of $1,786, it finally pointed to Dow Jones in the United States.

After the number opened more than 500 points, the market changed its face rapidly, and the gold of safe-haven assets was abandoned by investors, speeding up the decline, with the lowest ever seen at 1777.7, and finally

$781.9 closed, still down $15.6.

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



Previous Article Next Article