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Futures Trading Levels, Gold Reaches Psychological Level of $1,500

Cannon Trading / E-Futures.com

Market in the news today (and actually for last few weeks/months….) is gold. Hitting the psychological level of $1500. Below is daily chart along with possible levels if we continue higher and possible levels if we witness profit taking.

GOOD TRADING!

Daily E-Mini S&P 500 futures trading chart screenshot from today April 19th 2011

Stock futures trading chart levels Tuesday April 19th 2011

TRADING LEVELS!

Commodity Futures trading levels April 20th, 2011

Economic Reports Wednesday April 20, 2011

Existing Home Sales
10:00am USD

Crude Oil Inventories
10:30am USD

Economics Report Source: http://www.forexfactory.com/calendar.php

This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc. Any statement of facts herein contained are derived from sources believed to be reliable, but are not guaranteed as to accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own judgment in trading!

Tags: > > Posted in: Futures Trading  

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