Gold rose to its highest level in more than three months on Tuesday, capping its best year in nearly a decade, on weakening dollar and year-end buying in thin-volume trading.

 

Spot gold hit its highest since Sept. 25 at $1,524.20 and was last up 0.5% to $1,522.89 per ounce by 0405 GMT. U.S. gold futures rose 0.4% to $1,524.70.

 

Bullion is set to post its best year since 2010, having gained nearly 19%, mainly driven by a tariff war between the world’s two largest economies and quantitative easing by major central banks.

 

Plan A : Long if market supported firm above 1527.10. Targets are 1536.60 and 1545.50.

Plan B : Short if market failed to support above 1527.10. Targets are 1521.50 and 1515.70.

Oil prices held steady on the final day of the year on Tuesday, heading for their biggest annual rise since 2016, supported by a thaw in the prolonged U.S.-China trade dispute and supply cuts.

 

U.S. WTI crude for February was down 3 cents at $61.65.

and it has risen roughly 36% in 2019. Both Brent crude and WTI crude benchmarks are set for their biggest yearly gain in three years, backed by a breakthrough in U.S.-China trade talks and output cuts pledged by the Organization of Petroleum Exporting Countries (OPEC) and its allies.

 

Tensions remain high in the Middle East after U.S. air strikes on Sunday against the Katib Hezbollah militia group in Iraq and Syria. Operations resumed at Iraq’s Nassiriya oilfield resumed on Monday after protesters briefly halted production.

 

 

 

Looking ahead, U.S. crude inventories are expected to fall by about 3.2 million barrels in the week to Dec.27, heading for a third consecutive weekly fall, a preliminary Reuters poll showed on Monday. U.S. stockpiles fell by 5.5 million barrels in the week to Dec. 20. The figures will be released on Friday.

 

 

Plan A : Long if market supported firm above 61.70. Targets are 61.98 and 62.29.

Plan B : Short if market failed to support above 61.70. Targets are 61.48 and 61.25.

Gold rose to its highest level in more than three months on Tuesday, capping its best year in nearly a decade, on weakening dollar and year-end buying in thin-volume trading.

 

Spot gold hit its highest since Sept. 25 at $1,524.20 and was last up 0.5% to $1,522.89 per ounce by 0405 GMT. U.S. gold futures rose 0.4% to $1,524.70.

 

Bullion is set to post its best year since 2010, having gained nearly 19%, mainly driven by a tariff war between the world’s two largest economies and quantitative easing by major central banks.

 

Plan A : Long if market supported firm above 1527.10. Targets are 1536.60 and 1545.50.

Plan B : Short if market failed to support above 1527.10. Targets are 1521.50 and 1515.70.

Oil prices held steady on the final day of the year on Tuesday, heading for their biggest annual rise since 2016, supported by a thaw in the prolonged U.S.-China trade dispute and supply cuts.

 

U.S. WTI crude for February was down 3 cents at $61.65.

and it has risen roughly 36% in 2019. Both Brent crude and WTI crude benchmarks are set for their biggest yearly gain in three years, backed by a breakthrough in U.S.-China trade talks and output cuts pledged by the Organization of Petroleum Exporting Countries (OPEC) and its allies.

 

Tensions remain high in the Middle East after U.S. air strikes on Sunday against the Katib Hezbollah militia group in Iraq and Syria. Operations resumed at Iraq’s Nassiriya oilfield resumed on Monday after protesters briefly halted production.

 

 

 

Looking ahead, U.S. crude inventories are expected to fall by about 3.2 million barrels in the week to Dec.27, heading for a third consecutive weekly fall, a preliminary Reuters poll showed on Monday. U.S. stockpiles fell by 5.5 million barrels in the week to Dec. 20. The figures will be released on Friday.

 

 

Plan A : Long if market supported firm above 61.70. Targets are 61.98 and 62.29.

Plan B : Short if market failed to support above 61.70. Targets are 61.48 and 61.25.

 

U.S. equities have enjoyed a strong rally in December, with the main indexes hitting record highs last week amid year-end optimism. The S&P 500 notched five straight weeks of gains, rising 28.5% in 2019 through Monday’s close. The benchmark is within reach of a historic year, sitting about one percentage point away from having its best year since 1997. As it stands now, it will be the best year since 2013.

 

U.S. equities dropped from their all-time highs on Monday as investors opted for less risk. Trading has also been impacted by a lower activity due to the holiday season. 

 

Traders are set to enter the new year with international trade and political developments on their horizon. The U.S. is set to sign a first-phase trade deal with China in January, it will also have to solve some trade differences with Europe, and later in the year, U.S. voters will have to choose a new president.

In terms of data on Tuesday, there will be consumer confidence numbers at 10 a.m. ET and the Dallas Fed services figures will be released at 10:30 a.m. ET.

 

 

Plan A : Short if market failed to support above 3229.50. Targets are 3210.50, 3202.25 and 3190.75.

Plan B : Long if market supported firm above 3229.50. Targets are 3243.25, 3252.75 and 3261.25.

Stocks fell from their all-time highs on Monday as investors took off some risk on the second-to-last trading day of a historic year for equities.

 

The Nasdaq Composite fell 0.67%, or 60.63 points, to 8,945.99, after topping 9,000 for the first time ever last week. 

HSI

 

Hong Kong shares tracked strength on the mainland to close at an over five-month high on Monday, after China’s central bank said it will switch the benchmark for floating-rate loans, a move that could help lower funding costs.

 

The Hang Seng index closed up 0.3% at 28,319.39, its highest since July 26.

To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for January subscription. 

 

 

 

 

GOLD

 

 

 

 

 

 

 

To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for January subscription. 

 

 

 

 

WTI Cude Oil

 

 

To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for January subscription. 

 

 

 

Disclaimer: This information is intended to assist professional investors. News are credit courtesy of Reuters, Nasdaq.com, Bloomberg, CNN, Market Watch, FT.com, the Star online, forbes.com and CNBC. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correctaysion, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment.

 

U.S. equities have enjoyed a strong rally in December, with the main indexes hitting record highs last week amid year-end optimism. The S&P 500 notched five straight weeks of gains, rising 28.5% in 2019 through Monday’s close. The benchmark is within reach of a historic year, sitting about one percentage point away from having its best year since 1997. As it stands now, it will be the best year since 2013.

 

U.S. equities dropped from their all-time highs on Monday as investors opted for less risk. Trading has also been impacted by a lower activity due to the holiday season. 

 

Traders are set to enter the new year with international trade and political developments on their horizon. The U.S. is set to sign a first-phase trade deal with China in January, it will also have to solve some trade differences with Europe, and later in the year, U.S. voters will have to choose a new president.

In terms of data on Tuesday, there will be consumer confidence numbers at 10 a.m. ET and the Dallas Fed services figures will be released at 10:30 a.m. ET.

 

 

Plan A : Short if market failed to support above 3229.50. Targets are 3210.50, 3202.25 and 3190.75.

Plan B : Long if market supported firm above 3229.50. Targets are 3243.25, 3252.75 and 3261.25.

Stocks fell from their all-time highs on Monday as investors took off some risk on the second-to-last trading day of a historic year for equities.

 

The Nasdaq Composite fell 0.67%, or 60.63 points, to 8,945.99, after topping 9,000 for the first time ever last week. 

HSI

 

Hong Kong shares tracked strength on the mainland to close at an over five-month high on Monday, after China’s central bank said it will switch the benchmark for floating-rate loans, a move that could help lower funding costs.

 

The Hang Seng index closed up 0.3% at 28,319.39, its highest since July 26.

To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for January subscription. 

 

 

 

 

GOLD

 

 

 

 

 

 

 

To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for January subscription. 

 

 

 

 

WTI Cude Oil

 

 

To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for January subscription. 

 

 

 

Disclaimer: This information is intended to assist professional investors. News are credit courtesy of Reuters, Nasdaq.com, Bloomberg, CNN, Market Watch, FT.com, the Star online, forbes.com and CNBC. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correctaysion, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment.