Home » Business » Derivatives market conditions: down after selling pressure, reducing risk Gold prices bounced amid uncertainty, hoping for resistance at $2,800.

Derivatives market conditions: down after selling pressure, reducing risk Gold prices bounced amid uncertainty, hoping for resistance at $2,800.

InfoQuest News Group (30 Oct ’24)

Mr. Charanwet Saksri, Director of Investment Advice, Classic Ausiris Futures Company Limited, said that today’s trading of SET50 Index Futures has decreased. From selling pressure reducing the risk of uncertainty regarding the US presidential election next week, along with the market still without new factors. and cash flow (Fund Flow) has slowed down, causing a lack of factors to support the stock market. Tomorrow the index is expected to move within the range, which the US GDP figure will be announced tonight. And at the end of this week, you have to follow the report on PCE numbers from the United States, giving resistance at points 935-940 and support at points 915-920. Aided by the uncertainty of the US presidential election. If Mr. Donald Trump wins, the public debt of the United States may increase and inflation may also increase. Including support from the expectation that the US Federal Reserve (Fed) will cut interest rates at next week’s meeting. It drives the price of gold. with resistance at 2,800 USD/oz, support level at 2,750 USD/oz. ++++++++++++++++++++++++++++++++++++++++++++++++++++++ ++++++++++++++++++++++++++++++++++++++++++++++++++++++ ++++ •+ +++++++++++++++++++++ Total Market Outstanding Volume 352,563 3,184,199 Total Futures 346,365 3,067,363 Equity Index 180,326 553,029 SET50 Index declared 180,329 – Single Index 180,303 -25,350 Precious Metals 54,691 60,804 -GF 53 207 – GF10 2,922 7,651 – Online Gold 51,247 47,952 – Online Silver 469 4,994 Precious Metals canceled – – – GOLD-D – – Currency 30,183 179,767 – USD 26,410 165,734 – EUR 0,245 Interest Rate – – Agriculture 13 413 – JRF 13 413 – RSS3D – – – RSS3 – – Total Options 6,198 116,836 Call 3,602 45,984 Send 2,596 70,8 52 Summary of trade volume a by investor group Institutional investors foreign investors Domestic future investors N/AN/AN/A Options N/AN/AN/A ++++++++++++++ ++++++++++++++++++++++++++++++++++++++++++++++++++++++ ++++++++++++++++++++++++++++++++++++++++++++++++++++ ++++++++++++++++++++++++++++++++++++++++++++++++++++++ +++++++++++++++++++++++++++++ +++++

By Jirayut Chansongsakul/Sasithorn Simaporn

2024-10-30 11:06:00
#Derivatives #market #conditions #selling #pressure #reducing #risk #Gold #prices #bounced #uncertainty #hoping #resistance

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.