Weekly

Price behavior

2021-12-29

December 29th

Today's volatility range:

The new variant virus Omicron is raging all over the world, and whether the epidemic can be controlled is the key. However, the constantly variant virus is still a threat and an unstable factor, and under the epidemic situation, the supply is insufficient further.

Pushing up inflation is also conducive to the appreciation of gold. Yesterday, it was mentioned that the Baolijia channel in the two-hour chart of the gold market is narrowing, and there will be an upward unilateral breakthrough. The highest price of gold rose to 1813.5 US dollars yesterday, but it came out at this point.

Now cross star, the price of gold has dropped with this canonical signal, but it is still above $1,800. It is expected that it will still be in the pattern of ups and downs without major economic data. Today's suggested volatility ranges from $1,800 to $1,812.  

The price behavior is the same as the "Christmas Quote" mentioned below, and the probability of appearing in statistics is biased, so it is obvious advantage to master certain technical analysis ability in transactions. Interested parties

Basta, you can continue to pay attention to our Facebook page, and there are free short film teaching from time to time. You can also click the link to enter the group to communicate with the team members and enrich your trading skills.

As soon as possible, the People's Bank of China issued a press release on the website, indicating that the People's Bank of China will maintain a prudent monetary policy and promise to continue to enhance the total amount of credit with lower financing cost to stimulate the real economy. News stimulates mainland investors.

Desire to enter the market, the Shanghai and Shenzhen stock markets rose together, which affected the performance of Hong Kong stocks after the resumption of the market after the Christmas holiday. The Hang Seng Index opened 58 points higher, and fell during the period, but rebounded before the market closed, eventually rising by 57 points or 0.24%.

The European Union showed unity on the issue of Russia threatening Ukraine with force, saying that if Russia made any aggression, the EU would impose sanctions on Russia, and the Russian president responded with a hard attitude, resulting in

The tension between the two sides has led to an increase in the price of natural gas in Europe, because Russia is rich in natural gas resources geographically and is also the main supplier of natural gas in many European countries. But recently, the supply of liquefied natural gas in the United States

The increase, as well as the meeting planned by the United States and Russia, eased people's concerns about the energy shortage in Europe, natural gas prices were lowered, and other consumption was theoretically stimulated to rise. Yesterday, European stocks continued to rise, and Germany's DAX index rose by 0.85%.

Paris CAC index rose by 0.57%; The British stock market remained closed.

The "Christmas Quotes" that Wall Street traders often call "Christmas Quotes" was first put forward in the Yearbook of Stock Traders published in 1972. According to statistics, Yale Hirsch, the author of that year, found that from 1950 to 1969.

Suddenly, the U.S. stock market usually rises in the last five trading days before the end of the year and the first two trading days of next year, so this interesting theory is put forward. Although I don't know why, this theory still reflects the reality to a great extent.

Take the Dow Jones index as an example. Since 1969, every December, the US stock market has performed strongly. According to statistics, in the past 51 years, the index has recorded an increase in 37 years, and the stock market rose in the Christmas season. This year the Dow seems to be

Almost without exception, the Dow Jones index rose another 0.26% yesterday; The Standard & Poor's 500 Index once reached a new high in trading hours, but the technology stocks in the tail market fell, affecting the index and Nasdaq with a high proportion of science-related stocks, which fell by 0.04% respectively.

And 0.56% closing. The new variant virus Omicron is raging all over the world, and whether the epidemic can be controlled is the key. However, the constantly variant virus is still a threat and an unstable factor, and under the epidemic situation, the supply is insufficient further.

Pushing up inflation is also conducive to the appreciation of gold. Yesterday, it was mentioned that the Baolijia channel in the two-hour chart of the gold market is narrowing, and there will be an upward unilateral breakthrough, with the highest price of gold rising to 1813.5 US dollars, but at this point, the cross star appears, and the price of gold follows.

This sign dropped, and finally fell to a recent low of $1,806.1, or $6.

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