Gold Chart Review and Outlook & Support and Resistance Levels 10.29.2021
Posted By:- Ilan Levy-Mayer Vice President, Cannon Trading Futures Blog
Dear Traders,
Gold Daily Chart below…..
- Entry level ( market? wait for lower price? enter if price breaks above?)
- Exit in case of loss
- Exit in case of profit
- Trade size?
- If at a loss will I exit all? or in parts?
- If profit achieved will I exit part of the trade? ( assuming I am trading more than 1 contract or perhaps MICROS)
- Do I need to bring stop to breakeven at any point ( if certain profit achieved?)
Good Trading
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Futures Trading Levels
10-29-2020
Economic Reports, source:
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 here in 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 judgement in trading.
