Market Overview
On Tuesday, November 15, Beijing time, during the Asian and European session, spot gold fluctuated at a high level. At present, it is trading at 1770.64 US dollars/ounce, not far from the nearly three-month high of 1774.96 set overnight. The expectation that the Federal Reserve will slow down the pace of interest rate increase is still providing support for gold prices. Investors turned their attention to the US PPI data in the evening, which is generally transmitted to CPI in about three months, and can be used as a prospective reference indicator of US inflation level.
At present, the market expects the US PPI in October to increase by 8.3% year on year, with a previous value of 8.5%. If it meets the expectation, the growth will slow down for four consecutive months. The market expects that the US core PPI in October will grow by 7.2% year on year, consistent with the previous value, which is also the lowest level in nearly a year. If it meets the expectation, it will favor the bullish price.
In addition, investors should also pay attention to the relevant news of the G20 summit and the speeches of Fed officials.
Mohicans Markets strategy is only for reference and not for investment advice. Please carefully read the statement at the end of the text. The following strategy will be updated at 15:00 on November 15, 2022 Beijing time.
Technical Analysis
Change of CME Group's Option Layout (futures price in December):
1800 Bullish slightly increased, bearish increased, resistance level
1785-1790 Bullish decreased, bearish unchanged, and weakened upward momentum
1780 Bullish slightly increased, bearish slightly increased, long short competition, resistance level
1775 Bullish and bearish decreased significantly, weakened upward momentum
1765 Bullish increased, bearish increased significantly, and the short target
1760 Bullish increased, bearish increased, long short competition, support position
1750 Bullish decreased, bearish decreased slightly, and selling pressure weakened
1745 Bullish unchanged, bearish sharply increased, short target
Order flow key point marking (spot price):
1800 Resistance level, long target, near 200 day moving average, call option bet
1782-1785 Resistance area 1772-1775 The first key resistance area
1766-1664 The first support position, Asian and European market should pay attention to the gains and losses here first
1759 Support position 1747 important support, break position and be alert for further callback risk
1730-1733 Key support of trend
1712 Lifting point of CPI data, key support
Note: The above strategy was updated at 15:00 on November 15. This policy is a daytime policy. Please pay attention to the policy release time.
Change of CME Group's Option Layout (futures price in December):
22.5 Bullish increased and large stock, bearish unchanged, long target
22.40 Bullish increased, bearish unchanged, long target
22.25 Bullish increased, bearish slightly increased, long target
22 Bullish sharply reduced but huge stock, bearish slightly increased, long target
21.9 Bullish increased, bearish unchanged, support level
21.75 Bullish slightly decreased, bearish slightly increased, short target
21.5 Bullish sharply reduced but stock was huge, bearish increased, short target
Order flow key point marking (spot price):
22.9 Strong resistance level
22.5-22.6 Strong positive force area composed of early rebound high points, and long targets in technical
22 Long target (option bet), breaking is expected to turn into support
21.78 The first support position, the boundary of intraday
21.48 Daily key support position
21.3 CPI data rising point, key support
20.98 Top bottom conversion, key support for long of this wheel
20.38-20.5 Key support of trend
Note: The above strategy was updated at 15:00 on November 15. This policy is a daytime policy. Please pay attention to the policy release time.
CME Group options layout changes (Futures Price in December):
94 Bullish decreased sharply, bearish unchanged, strong resistance
93 Bullish increased sharply, bearish unchanged, long target
90 Bullish decreased sharply but the stock was large, bearish decreased, key resistance
88 Bullish increased sharply, bearish increased, long target and resistance
85 Bullish decreased but the stock was large, bearish increased, key support
81 Bullish increased slightly, bearish increased sharply, short target
80 Bullish decreased sharply but the stock was large, bearish decreased sharply but the stock was large, key support
Order flow key point marking (Spot Price):
92.8-93.5 Strong resistance area
89.8-90 Key resistance area
88-88.25 Strong resistance
86.3-86.6 First resistance area during the day, long-short boundary
84.8-85 Strong support area
83.3 The last defense of the long side
80-82 Short target range
Note: The above strategy was updated at 15:00 on November 15. This policy is a daytime policy. Please pay attention to the policy release time.
Todays CME Group data:
1.05 Bullish decreased sharply but the stock was large, bearish decreased slightly, next long target and resistance
1.04 Bullish decreased but the stock was large, bearish increased slightly, long target and resistance
1.035 Bullish increased, bearish increased, rebound target and resistance
1.03 Bullish unchanged but the stock was large, bearish increased sharply, short-term short target and support
1.025 Bullish decreased slightly, bearish increased slightly, short target
1.02 Bullish decreased slightly but the stock was large, bearish increased and the stock was large, short target and support
Note: The above strategy was updated at 15:00 on November 15. This policy is a daytime policy. Please pay attention to the policy release time.
Todays CME Group data:
1.20 Bullish increased slightly and the stock was large, bearish unchanged, next long target
1.19 Bullish increased slightly, bearish unchanged, long target
1.185 Bullish unchanged, bearish increased slightly, resistance level
1.18 Bullish increased slightly, bearish unchanged, rebound target
1.17 Bullish unchanged but the stock was large, bearish unchanged, support level
1.165 Bullish unchanged but the stock was large, bearish unchanged, next support
1.16 Bearish decreased slightly but the stock was large, bearish increased, short target and support
Note: The above strategy was updated at 15:00 on November 15. This policy is a daytime policy. Please pay attention to the policy release time.
Statement|Disclaimer
Disclaimer: The information contained in this material is for general advice only. It does not take into account your investment goals, financial situation or special needs. We have made every effort to ensure the accuracy of the information as of the date of publication. MHMarkets makes no warranties or representations about this material. The examples in this material are for illustration only. To the extent permitted by law, MHMarkets and its employees shall not be liable for any loss or damage arising in any way, including negligence, from any information provided or omitted from this material. The features of MHMarkets products, including applicable fees and charges, are outlined in the product disclosure statements available on the MHMarkets website. Derivatives can be risky and losses can exceed your initial payment. MHMarkets recommends that you seek independent advice.
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