7 Best Markets Today : Trend Forecast


Table Symbol : Underlying

Gold : 1 oz Gold Spot

Silver : 1 oz Silver Spot

Platinum : Platinum Futures (CME NYMEX: PL)

EUR USD : 1 Euro to US dollar rate (Forex)

GBP USD : 1 British pound to US dollar rate (Forex)

AUD USD : 1 Australian dollar to US dollar rate (Forex)

CAD USD : 1 Canadian dollar to US dollar rate (Forex)

CHF USD : 1 Swiss Franc to USD dollar rate (Forex)

RUB USD : 1 Rossiyan Ruble to US dollar rate (Forex)

CNY USD : 1 Chinese Renminbi(RMB) Yuan to US dollar rate (Forex)

USD JPY : 1 US dollar to Japanese yen rate (Forex)

Dow (YM) : E-mini Dow Jones (DJIA) Futures (CME CBOE:YM)

S&P500 (ES) : E-mini S&P 500 Futures (CME: ES)

Nasdaq (NQ) : E-mini NASDAQ 100 Futures (CME: NQ)

FTSE : FTSE 100 Index Future (ICE: Z)

DAX : Deutsch DAX Futures (EUREX: FDAX)

Imoex : MOEX Russia Index (Индекс МосБиржи, MOEX: IMOEX)

CSI300 : China CSI 300 Index (Shanghai Shenzhen 300 Index 沪深300指数, SSE:000300)

WTI (CL) : WTI Light Crude Oil Futures (CME NYMEX: CL)

Gasoline (RB) : RBOB Gasoline Futures (CME NYMEX: RB)

HeatingOil (HO) : Heating Oil (NY Harbor ULSD) Futures (CME NYMEX: HO)

NGas (NG) : NaturalGas : Henry Hub Natural Gas Futures (CME NYMEX: NG)

Copper (HG) : Copper Futures (COMEX: HG)

Wheat (ZW) : Chicago SRW Wheat Futures (CME CBOT: ZW)

Corn (ZC) : Corn Futures (CME CBOT: ZC)

Soybean (ZS) : Soybean Futures (CME CBOT: ZS)

SoyOil (ZL) : Soybean Oil Futures (CME CBOT: ZL)

SoyMeal (ZM) : Soybean Meal Futures (CME CBOT: ZM)

Sugar (SB) : Sugar #11 Futures (ICE-US: SB)

Sugar (W): White Sugar Futures (ICE-EU: W)

Coffee (KC) : Arabica COFFEE C Futures (ICE-US: KC)

Coffee (RC) : Robusta Coffee Futures (ICE-EUR : RC)

Cocoa (CC) : Cocoa Futures (ICE-US: CC)

Cocoa (C) : London Cocoa Futures (ICE-EU: C)

Cotton (CT) : Cotton No. 2 Futures (ICE-US: CT)

T-Note (ZN) : 10 Year T-Note Futures (CME CBOT: ZN)

Meaning of terms

▷ BUY the Dip : The current price is higher than the entry price. Buy when price drops to/below the entry price.
▷ BUY the Breakout : The current price is lower than the entry price. Buy when price breaks upward through the entry price. ( When price moves above the entry price level.)
▷ SELL the Bounce : The current price is lower than the entry price. Sell when price rebounds to/above the entry price.
▷ SELL the Breakdown : The current price is higher than the entry price. Sell when price breaks downward through the entry price.  (When price moves below the entry price level.)

7 Best markets today for trading : Gold Euro S&P500 WTI
Gold (XAU/USD) :
Atomic number 79.

Sign of physical gold: Au from Latin 'aurum'.
XAU refers to the ISO 4217 standard code for One troy ounce of physical gold.

1 troy ounce (oz t) = 31.1034768 grams.
XAU = 99.99 percent pure gold = 24K gold.

24k gold means that all 24 parts in the gold are all pure gold without traces of any other metals.

A total of 197,576 tonnes of gold exists above ground, as of 2019.

The world consumption of new gold produced is about 50% in jewelry, 40% in investments, and 10% in industry.

Gold is relatively rare element and is a precious metal that has been used for coinage, jewelry, and other arts throughout recorded history. In the past, a gold standard was often implemented as a monetary policy, but the world gold standard was abandoned for a fiat currency system after 1971.