The Futures Trader's Destination for Over 25 Years

Open an Account
Call Us Free: 1-800-454-9572
Why Trade with Cannon?
  • USA
  • Canada
  • Mexico
  • United Kingdom
  • France
  • Italy
  • Spain
  • Germany
  • Australia
  • Netherlands
  • Romania
  • Belgium
  • Sweden
  • Czech Republic
  • Hungary
  • Switzerland
  • Austria
  • Portugal
  • Denmark
  • Greece
  • UAE
  • Israel
  • Jordan
  • Saudi Arabia
  • India
  • Argentina
  • Costa Rica
  • Peru
  • Chile
  • Brazil
  • China
  • Hong Kong
  • Japan
  • Russia
  • Thailand
  • South Korea
  • Taiwan
  • Philippines
  • Singapore
  • And Many More!
Countries We Accept Clients From | International Calls: 310-859-9572

Weekly Continuation Futures Gold Chart 11.06.2015

Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed.

Like us on FacebookFollow us on TwitterView our profile on LinkedInFind us on Google+Cannon Trading Futures Trading Resistance & Support Levels and Economic ReportsFind us on Yelp

1. Market Commentary
2. Futures Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index
3. Commodities Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Commodities Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Futures Economic Reports for Friday November 06, 2015

Hello Traders,

For 2015 I would like to wish all of you discipline and patience in your trading!

Monthly unemployment numbers tomorrow. Many markets will have volatile reaction so be aware of the report and others that will come in later.
The main market I am curious about is gold. Currently oversold but in a nice down trend so the big question is which way will it play? test previous lows or snap? Perhaps both….Weekly chart for your review with circles marking mostly lower highs and lower lows….:

GCE - Gold(Globex), Weekly Continuation

GCE – Gold(Globex), Weekly Continuation

GOOD 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.

If you like Our Futures Trading Daily Support and Resistance Levels, Please share!

Futures Trading Levels

Contract Dec. 2015 SP500 Nasdaq100 Dow Jones Mini Russell Dollar Index
Resistance 3 2125.25 4777.67 18030 1209.47 98.66
Resistance 2 2115.00 4752.58 17948 1200.23 98.45
Resistance 1 2104.50 4723.92 17874 1193.67 98.28
Pivot 2094.25 4698.83 17792 1184.43 98.07
Support 1 2083.75 4670.17 17718 1177.87 97.89
Support 2 2073.50 4645.08 17636 1168.63 97.68
Support 3 2063.00 4616.42 17562 1162.07 97.51
Contract Dec. Gold Dec. Silver Dec. Crude Oil Dec. Bonds Dec.   Euro
Resistance 3 1118.2 15.24 47.80 156 1/32 1.0976
Resistance 2 1114.7 15.17 47.23 155 15/32 1.0940
Resistance 1 1109.1 15.06 46.27 154 26/32 1.0912
Pivot 1105.6 14.99 45.70 154 8/32 1.0876
Support 1 1100.0 14.88 44.74 153 19/32 1.0848
Support 2 1096.5 14.81 44.17 153 1/32 1.0812
Support 3 1090.9 14.70 43.21 152 12/32 1.0784
Contract Dec. Corn Dec. Wheat Jan Beans Dec. SoyMeal Dec. Nat Gas
Resistance 3 383.3 538.8 890.83 307.00 2.56
Resistance 2 381.5 533.9 885.17 304.80 2.47
Resistance 1 378.0 530.1 874.58 300.60 2.42
Pivot 376.3 525.2 868.92 298.40 2.34
Support 1 372.8 521.3 858.3 294.2 2.3
Support 2 371.0 516.4 852.67 292.00 2.20
Support 3 367.5 512.6 842.08 287.80 2.15
Economic Reports

source:http://www.forexfactory.com/calendar.php

All times are Eastern time Zone (EST)

Date 3:42pm Currency Impact Detail Actual Forecast Previous Graph
FriNov 6 2:00am EUR German Industrial Production m/m 0.6% -1.2%
2:45am EUR French Gov Budget Balance -89.7B
EUR French Trade Balance -3.1B -3.0B
8:30am USD Average Hourly Earnings m/m 0.2% 0.0%
USD Non-Farm Employment Change 179K 142K
USD Unemployment Rate 5.0% 5.1%
3:00pm USD Consumer Credit m/m 17.6B 16.0B
4:15pm USD FOMC Member Brainard Speaks

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 judgment in trading.

 

Tags: > > > Posted in: Commodity Trading   | Futures Trading   | Metal Futures  

Comments are closed.

Download Cannon’s new eBook, “Futures Forthright” instantly.


Quick Tip: After registering you will be emailed login information, so be sure to use an email address you have access to. If you need assistance please call us at 1-800-454-9572, a professional broker will help you through the registration process.
________
Doing Business With
See more...
Loading
Loading

Loading