{"id":11429,"date":"2016-07-05T12:07:20","date_gmt":"2016-07-05T20:07:20","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=11429"},"modified":"2016-07-11T21:32:28","modified_gmt":"2016-07-12T05:32:28","slug":"gold-chart-review-7-06-2016","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/gold-chart-review-7-06-2016\/","title":{"rendered":"Gold Chart for Review 7.06.2016"},"content":{"rendered":"

Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed.
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\n\"Like<\/a>\"Follow<\/a>\"View<\/a>\"Find<\/a>\"Cannon<\/a>\"Find<\/a><\/p>\n

1.\u00a0Market Commentary<\/a><\/strong>
\n2.\u00a0Futures Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index<\/a><\/strong>
\n3.\u00a0Commodities Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds<\/a><\/strong>
\n4.\u00a0Commodities Support and Resistance Levels – Corn, Wheat, Beans, Silver<\/a><\/strong>
\n5.\u00a0Futures Economic Reports for Wednesday\u00a0July 6, 20<\/a><\/strong>16<\/strong><\/a><\/p>\n

Hello Traders,<\/strong><\/p>\n

We got both ECB Draghi speaking tomorrow morning as well as FOMC minutes later in the day. Could turn out to be a volatile trading day.<\/p>\n

There are a few factors you can control as a day trader:<\/p>\n

How many contracts you trade per ticket?<\/p>\n

How many markets you trade at any given time?<\/p>\n

What is your ( hopefully ) self imposed risk per trade? per day?<\/p>\n

These factors should be adjusted as your trading capital change, as volatility increases\/ decreases and according to your performance.<\/p>\n

Gold chart for your review below:<\/p>\n

\"Gold<\/div>\n

<\/p>\n

GOOD TRADING<\/strong><\/div>\n
\n

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.<\/p>\n

If you like Our Futures Trading Daily Support and Resistance Levels, Please share!<\/strong><\/p>\n<\/div>\n

Futures Trading Levels<\/a><\/strong>\u00a0<\/strong><\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Contract Sept. 2016<\/td>\n\u00a0SP500<\/td>\nNasdaq100<\/td>\nDow Jones<\/td>\nMini Russell<\/td>\nDollar Index<\/td>\n<\/tr>\n
Resistance 3<\/td>\n2133.25<\/td>\n4519.33<\/td>\n18131<\/td>\n1177.30<\/td>\n97.59<\/td>\n<\/tr>\n
Resistance 2<\/td>\n2119.00<\/td>\n4485.42<\/td>\n18027<\/td>\n1166.20<\/td>\n96.97<\/td>\n<\/tr>\n
Resistance 1<\/td>\n2101.00<\/td>\n4445.33<\/td>\n17896<\/td>\n1151.10<\/td>\n96.63<\/td>\n<\/tr>\n
Pivot<\/td>\n2086.75<\/td>\n4411.42<\/td>\n17792<\/td>\n1140.00<\/td>\n96.00<\/td>\n<\/tr>\n
Support 1<\/td>\n2068.75<\/td>\n4371.33<\/td>\n17661<\/td>\n1124.90<\/td>\n95.66<\/td>\n<\/tr>\n
Support 2<\/td>\n2054.50<\/td>\n4337.42<\/td>\n17557<\/td>\n1113.80<\/td>\n95.04<\/td>\n<\/tr>\n
Support 3<\/td>\n2036.50<\/td>\n4297.33<\/td>\n17426<\/td>\n1098.70<\/td>\n94.70<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Contract<\/td>\nAug. Gold<\/td>\nSept. Silver<\/td>\nAug. Crude Oil<\/td>\nSept. Bonds<\/td>\nSept. \u00a0 Euro<\/td>\n<\/tr>\n
Resistance 3<\/td>\n1387.8<\/td>\n22.58<\/td>\n51.65<\/td>\n177 21\/32<\/td>\n1.1304<\/td>\n<\/tr>\n
Resistance 2<\/td>\n1374.0<\/td>\n21.90<\/td>\n50.50<\/td>\n177 1\/32<\/td>\n1.1260<\/td>\n<\/tr>\n
Resistance 1<\/td>\n1366.0<\/td>\n20.96<\/td>\n48.63<\/td>\n176 14\/32<\/td>\n1.1180<\/td>\n<\/tr>\n
Pivot<\/td>\n1352.2<\/td>\n20.29<\/td>\n47.48<\/td>\n175 26\/32<\/td>\n1.1136<\/td>\n<\/tr>\n
Support 1<\/td>\n1344.2<\/td>\n19.35<\/td>\n45.61<\/td>\n175 7\/32<\/td>\n1.1055<\/td>\n<\/tr>\n
Support 2<\/td>\n1330.4<\/td>\n18.67<\/td>\n44.46<\/td>\n174 19\/32<\/td>\n1.1011<\/td>\n<\/tr>\n
Support 3<\/td>\n1322.4<\/td>\n17.73<\/td>\n42.59<\/td>\n174<\/td>\n1.0931<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Contract<\/td>\nDec. Corn<\/td>\nSept. Wheat<\/td>\nNov. Beans<\/td>\nDec. SoyMeal<\/td>\nAug. Nat Gas<\/td>\n<\/tr>\n
Resistance 3<\/td>\n379.7<\/td>\n458.8<\/td>\n1153.50<\/td>\n400.83<\/td>\n3.08<\/td>\n<\/tr>\n
Resistance 2<\/td>\n371.3<\/td>\n446.7<\/td>\n1136.75<\/td>\n396.27<\/td>\n3.01<\/td>\n<\/tr>\n
Resistance 1<\/td>\n364.7<\/td>\n440.1<\/td>\n1107.00<\/td>\n387.13<\/td>\n2.89<\/td>\n<\/tr>\n
Pivot<\/td>\n356.3<\/td>\n427.9<\/td>\n1090.25<\/td>\n382.57<\/td>\n2.82<\/td>\n<\/tr>\n
Support 1<\/td>\n349.7<\/td>\n421.3<\/td>\n1060.5<\/td>\n373.4<\/td>\n2.7<\/td>\n<\/tr>\n
Support 2<\/td>\n341.3<\/td>\n409.2<\/td>\n1043.75<\/td>\n368.87<\/td>\n2.63<\/td>\n<\/tr>\n
Support 3<\/td>\n334.7<\/td>\n402.6<\/td>\n1014.00<\/td>\n359.73<\/td>\n2.50<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

source:http:\/\/www.forexfactory.com\/calendar.php<\/a><\/h3>\n

All times are Eastern time Zone (EST<\/a>)<\/h3>\n
\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Date<\/th>\n3:42pm<\/a><\/th>\nCurrency<\/th>\nImpact<\/th>\n<\/th>\nDetail<\/th>\nActual<\/th>\nForecast<\/th>\nPrevious<\/th>\nGraph<\/th>\n<\/tr>\n<\/thead>\n
<\/td>\n<\/tr>\n
WedJul 6<\/span><\/td>\n2:00am<\/td>\nEUR<\/td>\n<\/td>\n\n
German Factory Orders m\/m<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n1.0%<\/td>\n-2.0%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n4:00am<\/td>\nEUR<\/td>\n<\/td>\n\n
ECB President Draghi Speaks<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n4:10am<\/td>\nEUR<\/td>\n<\/td>\n\n
Retail PMI<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n<\/td>\n50.6<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n4:30am<\/td>\nGBP<\/td>\n<\/td>\n\n
Housing Equity Withdrawal q\/q<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n-10.1B<\/td>\n-9.5B<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n8:30am<\/td>\nUSD<\/td>\n<\/td>\n\n
Trade Balance<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n-40.0B<\/td>\n-37.4B<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n9:00am<\/td>\nUSD<\/td>\n<\/td>\n\n
FOMC Member Tarullo Speaks<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n9:45am<\/td>\nUSD<\/td>\n<\/td>\n\n
Final Services PMI<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n51.5<\/td>\n51.3<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n10:00am<\/td>\nUSD<\/td>\n<\/td>\n\n
ISM Non-Manufacturing PMI<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n53.3<\/td>\n52.9<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n2:00pm<\/td>\nUSD<\/td>\n<\/td>\n\n
FOMC Meeting Minutes<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n

This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc<\/a>. 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.<\/h3>\n","protected":false},"excerpt":{"rendered":"

Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed. 1.\u00a0Market Commentary 2.\u00a0Futures Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index 3.\u00a0Commodities Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds 4.\u00a0Commodities Support and Resistance Levels – Corn, Wheat, Beans, Silver 5.\u00a0Futures Economic Reports for Wednesday\u00a0July […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[67,61],"tags":[971,16,978],"class_list":["post-11429","post","type-post","status-publish","format-standard","hentry","category-future-trading-news","category-futures-trading-2","tag-daily-support-resistance-levels","tag-futures-trading","tag-gold-chart-for-review"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/11429","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/comments?post=11429"}],"version-history":[{"count":6,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/11429\/revisions"}],"predecessor-version":[{"id":11436,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/11429\/revisions\/11436"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=11429"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=11429"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=11429"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}