Trading Strategy : Gold and Commodity - June 2020
Saturday, Jun 20, 2020 EST
Gold (XAU/USD, Spot Gold) : BUY the Breakout, Entry 1754, Target 1885 (131, +7.47 %), Stop 1713 (41, -2.34 %), Note : Gold prices are attracting people's attention. The gold is moving for signaling that it will start a new high. Posted at 00:38 June 20 (Sat) (EST).
Sunday, Jun 14, 2020 EST
Gold (XAU/USD) : There is likely to be a very fierce fight next week. Key point will be whether next week's closing price will be below 1670 or not. However, it would be better to pay more attention to the rising than to the decline.
Thursday, Jun 11, 2020 EST
WTI (CME NYMEX: CL Futures) : SELL, Entry 37.93 Target 29.5 (+22.23%)
Wednesday, Jun 10, 2020 EST
Silver (Spot Silver, XAG/USD) : SELL the Breakdown, Entry 17.46 Target 15.85 (+9.22%)
Cocoa (ICE US: CC Futures) : SELL, Entry 2430 Target 1926 (+20.74%)
Sunday, Jun 7, 2020 EST
Gold has fallen for a few days. There seems to be a possibility of falling to $1600. However, rather than that, they may stop falling and rebound strongly at the $1660 line. It will not be easy to trade next week.
Platinum (CME NYMEX: PL Futures) : SELL, Entry 816 Target 779 (+4.53%)
WTI (CME NYMEX: CL Futures) : BUY, Entry 39 Target 51 (+30.77%)
Friday, June 5, 2020
Gold prices are falling as expected. In the short term, the important support lines are $1640 and $1615.
Thursday, Jun 4, 2020 EST
E-mini DOW Futures (CME CBOE: YM) : SELL the Breakdown, Entry 25704, Target 22450 (3254, +12.66 %), Stop 27076 (1372, -5.34 %), Note : Stock indexes have been rebounding steadily. Now, I think they've reached their thresholds. Now is the time to find a selling opportunity, not to buy. Posted at 02:00 June 4 (Thu) (EST).
SP500 (CME: ES S&P 500 Futures) : SELL the Breakdown, Entry 3011 Target 2800 (+7.01%)
NQ100 (CME: NQ NASDAQ 100 Futures) : SELL the Breakdown, Entry 9450 Target 8060 (+14.71%)
Tuesday, Jun 2, 2020 EST
Silver (Spot Silver, XAG/USD) : SELL, Entry 17.85 Target 15.85 (+11.2%)
Sunday, May 31, 2020
Gold (XAU/USD, Spot Gold)
Trade : SELL, Entry 1729.5, Target 1586 (143.5, +8.3 %), Stop 1766 (36.5, -2.11 %), Note : The long-term trend in gold prices is on the rise. In the short term, XAU/USD rates are likely to fall a little, down to around $1600. With considerable caution, we can think of selling in the short-term. Posted at 06:51 May 31 (Sun) (EST).
Platinum (CME NYMEX: PL Futures) : SELL, Entry 845 Target 608 (+28.05%)
AUD USD (Australian Dollar) : SELL the Bounce, Entry 0.693 Target 0.527 (+23.95%)
USD CAD (Canadian Dollar) : BUY the Dip, Entry 1.35 Target 1.606 (+18.96%)
Gold (XAU/USD, Spot Gold) : BUY the Breakout, Entry 1754, Target 1885 (131, +7.47 %), Stop 1713 (41, -2.34 %), Note : Gold prices are attracting people's attention. The gold is moving for signaling that it will start a new high. Posted at 00:38 June 20 (Sat) (EST).
Sunday, Jun 14, 2020 EST
Gold (XAU/USD) : There is likely to be a very fierce fight next week. Key point will be whether next week's closing price will be below 1670 or not. However, it would be better to pay more attention to the rising than to the decline.
Thursday, Jun 11, 2020 EST
WTI (CME NYMEX: CL Futures) : SELL, Entry 37.93 Target 29.5 (+22.23%)
Wednesday, Jun 10, 2020 EST
Silver (Spot Silver, XAG/USD) : SELL the Breakdown, Entry 17.46 Target 15.85 (+9.22%)
Cocoa (ICE US: CC Futures) : SELL, Entry 2430 Target 1926 (+20.74%)
Sunday, Jun 7, 2020 EST
Gold has fallen for a few days. There seems to be a possibility of falling to $1600. However, rather than that, they may stop falling and rebound strongly at the $1660 line. It will not be easy to trade next week.
Platinum (CME NYMEX: PL Futures) : SELL, Entry 816 Target 779 (+4.53%)
WTI (CME NYMEX: CL Futures) : BUY, Entry 39 Target 51 (+30.77%)
Friday, June 5, 2020
Gold prices are falling as expected. In the short term, the important support lines are $1640 and $1615.
Thursday, Jun 4, 2020 EST
E-mini DOW Futures (CME CBOE: YM) : SELL the Breakdown, Entry 25704, Target 22450 (3254, +12.66 %), Stop 27076 (1372, -5.34 %), Note : Stock indexes have been rebounding steadily. Now, I think they've reached their thresholds. Now is the time to find a selling opportunity, not to buy. Posted at 02:00 June 4 (Thu) (EST).
SP500 (CME: ES S&P 500 Futures) : SELL the Breakdown, Entry 3011 Target 2800 (+7.01%)
NQ100 (CME: NQ NASDAQ 100 Futures) : SELL the Breakdown, Entry 9450 Target 8060 (+14.71%)
Tuesday, Jun 2, 2020 EST
Silver (Spot Silver, XAG/USD) : SELL, Entry 17.85 Target 15.85 (+11.2%)
Sunday, May 31, 2020
Gold (XAU/USD, Spot Gold)
Trade : SELL, Entry 1729.5, Target 1586 (143.5, +8.3 %), Stop 1766 (36.5, -2.11 %), Note : The long-term trend in gold prices is on the rise. In the short term, XAU/USD rates are likely to fall a little, down to around $1600. With considerable caution, we can think of selling in the short-term. Posted at 06:51 May 31 (Sun) (EST).
Platinum (CME NYMEX: PL Futures) : SELL, Entry 845 Target 608 (+28.05%)
AUD USD (Australian Dollar) : SELL the Bounce, Entry 0.693 Target 0.527 (+23.95%)
USD CAD (Canadian Dollar) : BUY the Dip, Entry 1.35 Target 1.606 (+18.96%)
