Posted By: Ilan Levy-Mayer Vice President, Cannon Trading Futures Blog
Take the CME Group Gold Challenge
Gold futures at CME Group are one of the most traded futures contracts today. Many traders use Gold futures as a safe-haven contract during times of economic uncertainty.
Now CME Group invites you to put your knowledge of their Gold markets to the test. The winner will walk away with a 1 oz. gold bar. Playing is simple: Between May 22 – June 1, 2017, enter your prediction for the June 30, 2017 closing price of the August Gold futures contract (GCQ7). Closest without going over wins. Good Luck!
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.
Futures Trading Levels
|Contract June 2017||SP500||Nasdaq100||Dow Jones||Mini Russell||Dollar Index|
|Contract||June Gold||July Silver||July Crude Oil||June Bonds||June Euro|
|Resistance 3||1283.4||17.77||51.45||154 14/32||1.1334|
|Resistance 2||1278.4||17.62||50.87||153 30/32||1.1275|
|Resistance 1||1271.8||17.51||50.20||153 21/32||1.1237|
|Support 1||1260.2||17.25||48.95||152 28/32||1.1141|
|Support 2||1255.2||17.10||48.37||152 12/32||1.1082|
|Support 3||1248.6||16.99||47.70||152 3/32||1.1044|
|Contract||July Corn||July Wheat||July Beans||July SoyMeal||July Nat Gas|
Economic Reports, Source:
German Retail Sales m/m
French Prelim CPI m/m
German Unemployment Change
Italian Monthly Unemployment Rate
Net Lending to Individuals m/m
M4 Money Supply m/m
CPI Flash Estimate y/y
Core CPI Flash Estimate y/y
Italian Prelim CPI m/m
FOMC Member Kaplan Speaks
Pending Home Sales m/m
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.