Jugok Trade

GOLD (Spot) : Going UP to 1670 (target) - Gold and silver prices are not stable yet. They need a little more time. It will be better to wait until they show a signals. The key prices for gold are $ 1480 and $1524.30. For silver are $ 17.63 and $ 18.80.

PLATINUM (Futures) : Going UP to 1020 (target) - Platinum looks relatively stronger. It would be better to think of buying. If the prices end above $953 today, it will be a signal for buying. In that case, I will buy some.

WTI CRUDE OIL (Futures) : Going UP to 70 (target) - Crude oil markets are shaking a lot. So far, the shape of chart is not goood. However, I have a positive view and bought some. I will hold the position. Key prices are 53.24 and $ 57.76. The markets are not likely to be easy next week.

NATURAL GAS (Futures) : Natural gas prices may go up a little more. However, it wil be risky to buy at this level. It would be better to look for buying opportunities when the prices drop. The meaningful prices are $ 2.16 and 2.31. It may…

GOLD (Spot) : Going UP to 1670 (target) - Gold prices do not seem to be stable yet. Key prices are $ 1480 and $ 1523. I think it would be better to wait for the time with being easy.

WTI CRUDE OIL (Futures) : Going UP to 70 (target) - A silent war is going on in the crude oil market. The price flow is very unstable. Key prices are $ 55.0 and $ 56.90. The situation is not good, but I will hold the position with being careful.

EUR/USD Euro rate (FX) : Going DOWN to 1.0353 (target) - As expected, the euro is falling. EUR/USD is likely to fall in the long run and continuously. It seems that it would be better to look for selling opportunities whenever the rate rebounds.

S&P 500 Index (Futures) : Going UP to 3308 (target) - As expected, S&P 500 is going up. The key price is 3013.5, and if they go up through that level, it will be a signal of going higher. In that case, it would be better to look for buying opportunities.

Natural gas prices seem to have bottomed out.

It is very likely that the prices will drop again because they have hit a strong resistance line. Two important levels are $ 2.31 and $ 2.15. If they keep the 2.31 line, it could be a signal to go up.

As the price flow has not established a platform to rise, it is not clear when opportunities to buy will come. What we can think of, at this point, is waiting for a buying opportunity, not for selling. It may take a lot of time.

[CME NYMEX: NG Natural Gas Futures Weekly chart]

Friday, Sep 6, 2019
All precious metal buy positions were closed today. Gold prices were expected to rise up to $1600, but they have not reached. The trading strategies were good.

<< Closed  GOLD (Spot) BUY Position +11.76%
Profit: 160pt (11.76%), Entry Price: 1360, Closed Price: 1520, Holding Days: 46

<< Closed  SILVER (Spot) BUY Position +25.42%
Profit: 3.8pt (25.42%), Entry Price: 14.95, Closed Price: 18.75, Holding Days: 77

<< Closed  PLATINUM BUY Position +17.02%
Profit: 139.7pt (17.02%), Entry Price: 821, Closed Price: 960.7, Holding Days: 57


This page has the results of Trading Strategies. You can see the ongoing strategies on the link pages below.

Trading strategies today : Commodity
Trading strategies today : Forex
Trading strategies today : Stock Index