GOLD TECHS: Trading Above Support
Nov-20 07:27
- RES 4: $4404.9 - 3.500 proj of the May 15 - Jun 16 - 30 price swing
- RES 3: $4381.5 - High Oct 20 and bull trigger
- RES 2: $4264.7 - 76.4% retracement of the Oct 20 - 28 correction
- RES 1: $4132.9/4245.2 - High Nov 19 / 13
- PRICE: $4062.1 @ 07:26 GMT Nov 20
- SUP 1: $3943.0 - 50-day EMA
- SUP 2: $3886.6 - Low Oct 28 and a reversal trigger
- SUP 3: $3800.00 Round number support
- SUP 4: $3760.9 - Low Sep 29
The bearish phase in Gold between Oct 20 and 28 appears to have been a correction and has allowed a recent overbought condition to unwind. The recovery since Oct 28 suggests that correction is over. Key support to watch lies at the 50-day EMA, at $3943.0. Clearance of this EMA would signal scope for a deeper retracement. The first short-term bull trigger has been defined at $4245.23, the Nov 13 high.
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EGB SYNDICATION: 3.25% Jan-34 ESTONI tap: Books open
Oct-21 07:22
- Guidance MS + 80bps area
- Tap Size: E500bln (WNG)
- Settlement: 28 October 2025 (T+5)
- Joint Leads: Erste Group, J.P. Morgan (B&D) and Societe Generale
- Timing: Books open, today’s business
From market source
FRANCE DATA: Y/Y Real Retail Sales Negative Again In Sept
Oct-21 07:19
"*FRANCE SEPT. RETAIL SALES VOLUME FALLS 1.2% Y/Y" bbg
- Y/Y real retail sales have been negative for seven of the nine months this year.
EURIBOR OPTIONS: Latest Option Trades
Oct-21 07:13
- ERH6 98.125/98.25cs vs ERZ5 98.0625/98.1875cs, bought for 2 in 1.5k.
- ERM6/ERZ5 97.9375p calendar spread, bought for 1.75 in 4k.
