Market Overview
On Thursday, December 22, Beijing time, during the Asian and European trading sessions, spot gold narrowly oscillated and is currently trading near $ 1814 per ounce. Market participants are waiting for further guidance from economic data. This trading day will release the change in U.S. initial jobless claims and U.S. final value of GDP in the third quarter. U.S. PCE data for November will be released on Friday.
EIA data showed that U.S. crude oil inventories fell much more than analysts expected in the week ended Dec. 16, dropping 5.89 million barrels. At the same time, distillate stocks, including heating oil and jet fuel, also declined, compared with expectations for an increase.
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 December 22, 2022, Beijing time.
Technical Analysis
CMEGroup options layout changes (February Futures Price)：
1855 Bullish decreased, bearish unchanged, resistance level
1835 Bullish decreased, bearish increased slightly, resistance level
1825 Bullish decreased sharply, bearish increased, support weakened
1800 Bullish decreased, bearish decreased slightly, previous support level
1750 Bullish decreased, bearish increased, short target
Order flow key point marking (The difference between the spot price and the futures price is about $11)：
1841 Long target, call option focus bets
1832 Stronger resistance (refer to hourly and 4-hour closes to confirm breakout)
1820 High of the CPI night, the key resistance for the current rally
1818 Overnight U.S. break down after two retracement of the level, important resistance during the day
1812 First support level during the day
1805 Tuesday's U.S. market rally, support level, long defensive level
1798 Key support for the upward trend, the loss will destroy the long sentiment
1784 Limit retracement level of rising market
1773 Long cost area, key support level
Note: The above strategy was updated at 15:00 on December 22. This policy is a daytime policy. Please pay attention to the policy release time.
CMEGroup options layout changes (March Futures Price)：
24.55 Bullish decreased sharply, bearish unchanged, resistance
24.05 Bullish decreased slightly, bearish increased sharply, short-term short target
23.05 Bullish unchanged, bearish increased sharply, short target
Order flow key point marking (Spot Price)：
24.55 Call option bets, resistance
24.3 Technical long target, key resistance
24.11 First resistance during the day
23.9 First support during the day
23.55 Support level, long defensive level, break down to revert to early week oscillator range
23.13 European release point, support, loss will destroy the long sentiment
22.86-22.90 The lower limit of the consolidation range in recent days, break down to destroy the upward trend since early December
22.57 The current round of rallies in the long key defensive level, important support
Note: The above strategy was updated at 15:00 on December 22. This policy is a daytime policy. Please pay attention to the policy release time.
Order flow key point marking (spot price):
81Longtargets
79.6 Resistance level, M top neck line formed in early December, top bottom trading
78.8 Short-termresistance (weak)
77.6-78Key support within the day, falling below the risk of falling oil price
76.6Support level, a key resistance level in the early stage. The correction of oil price can hold this level, so we can continue to pay attention to the possibility of upward movement.
75.5-75.8 Key support for the rally
74.5 Important support
73-73.5 Key support area (option bet position)
Note: The above strategy was updated at 15:00 on December 22. This policy is a daytime policy. Please pay attention to the policy release time.
Change of CMEGroup option layout (futures price in January):
1.0775 Bullish sharply reduced, bearish unchanged, long target and resistance
1.07 Bullish slightly decreased, bearish increased and the stock was large, the next resistance
1.065 Bullish slightly reduced, bearish slightly reduced, the first resistance
1.06 Bullish slightly decreased, bearish significantly increased, and the target fell back
1.055Bullish unchanged, while bearish slightly reduced, but the stockwas large. The falling back targetwas also supportive
1.05 Bullish slightly decreasedbut stockswerelarge, while bearish slightly increases and stockswerelarge, with short target and support
Note: The above strategy was updated at 15:00 on December 22. This policy is a daytime policy. Please pay attention to the policy release time.
CME Group data today:
1.23 Bullish decreased, bearish slightly decreased, long target and resistance
1.22 Bullish slightly reduced, bearish unchanged, next resistance
1.215Bullish unchanged,bearish unchanged, but the stockwaslarge, with resistance
1.21 Bullish unchanged, bearish slightly increased, falling target
1.205Bullish unchanged, but the stockwaslarge, and bearish slightly reduced, support
1.195 Bullish unchanged, bearish increased, short target
Note: The above strategy was updated at 15:00 on December 22. 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.
Mohicans Markets, (Abbreviation: MHMarkets or MHM, Chinese name: Maihui), Australian Financial Services License No. 001296777.
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