📈Technical analysis shows a strong uptrend for gold.

📊The precious metal can test the upper limit on the Bollinger bands indicator.

👉Investment idea: buy limit XAUUSD 1793, take profit 1819.

20 декабря

EURUSD позиция Buy
Уровни поддержки: 1.0574 – 1.0511
Уровни сопротивления: 1.0663 – 1.0735

XAGUSD позиция Buy
Уровни поддержки: 22.535 – 22.068
Уровни сопротивления: 23.337 – 24.018

📈Global Silver Demand is up 16% yoy to a new high of 1.21 billion ounces as every key demand segment, except for photography, renews its peaks.

📊Industrial demand to rise to 539 million ounces - continued vehicle electrification, increasing adoption of 5G technologies and environmental requirements for green infrastructure will help overcome macroeconomic headwinds and declining demand for consumer electronics.

🇮🇳The demand for silver jewelry and silver household products will rise mainly due to its unprecedented recovery in India.

👉Investment idea: buy limit XAGUSD 23.660, take profit 24.111

🛢The American Petroleum Institute reported a reduction in black gold reserves in US storage facilities by 3 million barrels. Commercial oil reserves in the United States are at a seven-year low, and the strategic oil reserve has fallen to 1984 levels. Low inventories are favorable for rising oil prices.

👉Investment idea: buy limit #BRENT 80.00, take profit 81.18

📈The decrease in Exxon quotes to the nearest support level is advisable to use to open Buy positions based on the continuation of the uptrend for two reasons.

1️⃣The OPEC oil cartel records an increase in demand for oil and petroleum products, even despite the coronavirus restrictions in China. In Europe and Asia, a number of countries are using black gold as an alternative to natural gas, since burning oil to generate heat and electricity is now cheaper than buying natural gas, which is again trading above $1,100 per thousand cubic meters. The oil cartel believes that this trend will continue throughout 2023, as there is a shortage of production capacity in the liquefied natural gas market in the world.

The United States plans to start rebuilding its strategic reserve next month, which will also have a positive impact on oil prices.

👉 Investment idea: buy limit #Exxon 105.69, take profit 109.70.

🇨🇳The Chinese authorities are increasingly pushing to make economic growth a priority next year, as well as to help the recovery of the real estate sector after a record fall.

The State Council of the People's Republic of China, the People's Bank of China and the Securities Regulatory Commission of the People's Republic of China have held a series of meetings in recent days, the results of which indicate a commitment to pursuing policies aimed at supporting the economy and stabilizing it.

👉 Investment idea: buy limit #HSI 19610, take profit 19950.

📈The rise in copper prices is positive for the Australian dollar, as Australia is among the world's leading exporters of this metal.

👉Investment idea: buy limit AUDUSD 0.6749, take profit 0.6825.

December 22th

EURUSD Buy position
Support levels: 1.0611 – 1.0545
Resistance levels: 1.0673 – 1.0730

#BRENT Buy position
Support levels: 82.53 – 80.40
Resistance levels: 83.37 – 85.12

📉Technical analysis shows a strong downtrend in the USDCAD currency pair.

🇨🇦Rising oil prices will also provide additional support to sellers as Canada is among the world's top exporters of hydrocarbons.

👉Investment idea: sell limit USDCAD 1.3614, take profit 1.3570.

👑Declining real yields of US Treasury bonds have a favorable effect on the value of the yellow metal. In December, the real yield of 10-year US government bonds continued to decline. This is largely due to expectations of the end of the cycle of raising interest rates by the US Federal Reserve.

🇺🇸Fed rate futures, which is traded on the Chicago stock exchange, indicate that rates will peak in March 2023 at around 5%. The current Fed rate is 4.5% and the market believes that we are entering the finish line. Inflation and inflation expectations peaked in early summer and the market believes that the US Central Bank may pause.

👉 Investment idea: buy limit XAUUSD 1789, take profit 1818

📊Sberbank has confidently fixed itself behind the middle border of the Bollinger Bands and we are waiting for growth to the upper border, which is located at 142.19.

🏛The bank has been actively increasing lending in recent months, which contributes to the growth of interest income and net profit.

👉 Investment idea: buy limit #Sberbank 137.25, take profit 142.19

📈ETHUSD has confidently consolidated beyond the middle boundary of the Bollinger Bands and now we can expect quotes to rise towards the upper boundary of this indicator, which is located at around 1225

👉 Investment idea: buy limit ETHUSD 1215, take profit 1225

📈Strong growth in prices for platinum group metals and nickel are favorable for the growth of #NorilskNic's capitalization, as the company is one of the world's largest producers of nickel and palladium.

🧮There is a shortage of supply in the market of industrial metals, which pushes up the quotes of raw materials.

👉 Investment idea: buy limit #NorilskNic 14966, take profit 15112

📈Industrial metals are in good demand, which is favorable for the Australian dollar, as Australia is among the world's leading exporters of these metals.

👉Investment idea: buy limit AUDUSD 0.6749, take profit 0.6827.

December 27th

XAUUSD Buy position
Support levels: 1798 – 1785
Resistance levels: 1812 – 1824

#BRENT Buy position
Support levels: 84.64 – 83.08
Resistance levels: 86.01 – 87.27

Dear clients,

🎄🎁Happy New Year! We wish you successful transactions, bull's-eye forecasts and everworking strategies.

Holiday Trading Schedule

🇯🇵The Bank of Japan maintained its yield curve control program, ignoring calls to abandon the policy of restoring liquidity in the bond market.

📈Against this background, there is a rally on the Tokyo Stock Exchange - the #NIKKEI index has confidently fixed itself behind the resistance level of 26629, which is now becoming a support level, where it is advisable to open Buy positions in anticipation of a continuation of the trend.

👉 Investment idea: buy limit #NIKKEI 26629, take profit 26980

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🇺🇸Declining US 10-year government bond yields are positive for silver gains.

👉 Investment idea: buy limit XAGUSD 24.01, take profit 24.43

✅ FreshForex
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