Gold Futures Hit All-Time Highs: Margin Updates and Chart Review

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Gold Futures

All time highs on gold futures today!

See both daily and weekly charts below.

On a different note, as the CME raises margins, the day trading margins may be higher as well.

Depending on the trading platform you are using, your day trading margins may be a percent of the overnight margins. If you are using the E-Futures International, then your day trading margins between 7:45 AM central and 3:30 PM central are as below:

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Any questions, please reach out to your broker.

Gold Daily and Weekly Charts below for review:

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Any questions, please reach out to your broker.

 

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Daily Levels for Oct. 18th 2024

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Good Trading!
About: Cannon Trading is an independent futures brokerage firm established in 1988 in Los Angeles. Our mission is to provide reliable service along with the latest technological advances and choices while keeping our clients informed and educated in the field of futures and commodities trading.
Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.
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