{"id":12055,"date":"2017-02-06T13:07:27","date_gmt":"2017-02-06T21:07:27","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=12055"},"modified":"2017-02-06T21:50:18","modified_gmt":"2017-02-07T05:50:18","slug":"another-leg-gold-futures-2-07-2017","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/another-leg-gold-futures-2-07-2017\/","title":{"rendered":"Another Leg Up in Gold Futures 2.07.2017"},"content":{"rendered":"

Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed.
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Nice upside breakout on gold! I included a daily chart for your review below along with support\/ resistance levels – possible targets.<\/strong>\u00a0<\/strong><\/p>\n

On the other hand, ANOTHER LOW volatility, low volume, “dead action” in stock index futures. The last time I remember this was around summer of 2014 and December of 2013 where the ATR was less than 13 for more than a few days. Both times we witnessed a pretty good sell off following the tight ranges\/ low volatility. No one can tell if this is what will happen next as the most famous disclaimer in our industry says: “Past performance\u00a0is not indicative of future results” …..\u00a0<\/strong><\/p>\n<\/div>\n

Gold Daily chart:<\/strong><\/p>\n<\/div>\n

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\"GCE<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

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GOOD TRADING<\/strong>
\nTrading 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<\/a> Daily Support and Resistance Levels, Please share!<\/strong><\/p>\n

Futures Trading Levels<\/a><\/strong><\/p>\n

Levels for Trade Date of 02.07.2017<\/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 March 2017<\/td>\n\u00a0SP500<\/td>\nNasdaq100<\/td>\nDow Jones<\/td>\nMini Russell<\/td>\nDollar Index<\/td>\n<\/tr>\n
Resistance 3<\/td>\n2304.25<\/td>\n5193.17<\/td>\n20113<\/td>\n1394.53<\/td>\n100.79<\/td>\n<\/tr>\n
Resistance 2<\/td>\n2299.25<\/td>\n5178.33<\/td>\n20067<\/td>\n1387.07<\/td>\n100.51<\/td>\n<\/tr>\n
Resistance 1<\/td>\n2293.50<\/td>\n5169.92<\/td>\n20024<\/td>\n1376.43<\/td>\n100.17<\/td>\n<\/tr>\n
Pivot<\/td>\n2288.50<\/td>\n5155.08<\/td>\n19978<\/td>\n1368.97<\/td>\n99.89<\/td>\n<\/tr>\n
Support 1<\/td>\n2282.75<\/td>\n5146.67<\/td>\n19935<\/td>\n1358.33<\/td>\n99.55<\/td>\n<\/tr>\n
Support 2<\/td>\n2277.75<\/td>\n5131.83<\/td>\n19889<\/td>\n1350.87<\/td>\n99.27<\/td>\n<\/tr>\n
Support 3<\/td>\n2272.00<\/td>\n5123.42<\/td>\n19846<\/td>\n1340.23<\/td>\n98.93<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Contract<\/td>\nApr. Gold<\/td>\nMarch Silver<\/td>\nMar. Crude Oil<\/td>\nMar.\u00a0 Bonds<\/td>\nMarch\u00a0 Euro<\/td>\n<\/tr>\n
Resistance 3<\/td>\n1259.0<\/td>\n18.15<\/td>\n55.08<\/td>\n152 29\/32<\/td>\n1.0890<\/td>\n<\/tr>\n
Resistance 2<\/td>\n1248.3<\/td>\n17.95<\/td>\n54.60<\/td>\n152\u00a0 9\/32<\/td>\n1.0847<\/td>\n<\/tr>\n
Resistance 1<\/td>\n1242.3<\/td>\n17.85<\/td>\n53.86<\/td>\n151 27\/32<\/td>\n1.0807<\/td>\n<\/tr>\n
Pivot<\/td>\n1231.6<\/td>\n17.65<\/td>\n53.38<\/td>\n151\u00a0 7\/32<\/td>\n1.0763<\/td>\n<\/tr>\n
Support 1<\/td>\n1225.6<\/td>\n17.55<\/td>\n52.64<\/td>\n150 25\/32<\/td>\n1.0723<\/td>\n<\/tr>\n
Support 2<\/td>\n1214.9<\/td>\n17.35<\/td>\n52.16<\/td>\n150\u00a0 5\/32<\/td>\n1.0680<\/td>\n<\/tr>\n
Support 3<\/td>\n1208.9<\/td>\n17.25<\/td>\n51.42<\/td>\n149 23\/32<\/td>\n1.0640<\/td>\n<\/tr>\n
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Contract<\/td>\nMarch\u00a0 Corn<\/td>\nMarch Wheat<\/td>\nMar. Beans<\/td>\nMarch SoyMeal<\/td>\nMar. Nat Gas<\/td>\n<\/tr>\n
Resistance 3<\/td>\n371.3<\/td>\n439.1<\/td>\n1052.17<\/td>\n341.87<\/td>\n3.17<\/td>\n<\/tr>\n
Resistance 2<\/td>\n369.3<\/td>\n435.7<\/td>\n1047.33<\/td>\n339.33<\/td>\n3.13<\/td>\n<\/tr>\n
Resistance 1<\/td>\n366.5<\/td>\n429.1<\/td>\n1041.67<\/td>\n336.07<\/td>\n3.09<\/td>\n<\/tr>\n
Pivot<\/td>\n364.5<\/td>\n425.7<\/td>\n1036.83<\/td>\n333.53<\/td>\n3.05<\/td>\n<\/tr>\n
Support 1<\/td>\n361.8<\/td>\n419.1<\/td>\n1031.2<\/td>\n330.3<\/td>\n3.0<\/td>\n<\/tr>\n
Support 2<\/td>\n359.8<\/td>\n415.7<\/td>\n1026.33<\/td>\n327.73<\/td>\n2.97<\/td>\n<\/tr>\n
Support 3<\/td>\n357.0<\/td>\n409.1<\/td>\n1020.67<\/td>\n324.47<\/td>\n2.93<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

All times are Eastern time Zone (EST<\/a>)<\/strong><\/p>\n

source:http:\/\/www.forexfactory.com\/calendar.php<\/a><\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Date<\/th>\n3:35pm<\/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
TueFeb 7<\/span><\/td>\n2:00am<\/td>\nEUR<\/td>\n<\/td>\n\n
German Industrial Production m\/m<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n0.2%<\/td>\n0.4%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n2:45am<\/td>\nEUR<\/td>\n<\/td>\n\n
French Gov Budget Balance<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n<\/td>\n-93.3B<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\nEUR<\/td>\n<\/td>\n\n
French Trade Balance<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n-4.2B<\/td>\n-4.4B<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n3:30am<\/td>\nGBP<\/td>\n<\/td>\n\n
Halifax HPI m\/m<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n0.2%<\/td>\n1.7%<\/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-45.0B<\/td>\n-45.2B<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n10:00am<\/td>\nUSD<\/td>\n<\/td>\n\n
JOLTS Job Openings<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n5.56M<\/td>\n5.52M<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\nUSD<\/td>\n<\/td>\n\n
IBD\/TIPP Economic Optimism<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n56.2<\/td>\n55.6<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n3:00pm<\/td>\nUSD<\/td>\n<\/td>\n\n
Consumer Credit m\/m<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n20.3B<\/td>\n24.5B<\/td>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

This is not a solicitation of any order to buy or sell, but a current market view provided by\u00a0Cannon Trading Inc<\/a>. Any statement of facts\u00a0here in\u00a0contained are derived from sources believed to be\u00a0reliable,\u00a0but are not guaranteed as to\u00a0accuracy, 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\u00a0judgement\u00a0in trading.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed. \u00a0 Nice upside breakout on gold! I included a daily chart for your review below along with support\/ resistance levels – possible targets.\u00a0 On the other hand, ANOTHER LOW volatility, low volume, “dead action” in stock index futures. The last time I […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[67],"tags":[971,1083,329],"class_list":["post-12055","post","type-post","status-publish","format-standard","hentry","category-future-trading-news","tag-daily-support-resistance-levels","tag-gold-daily-chart","tag-gold-futures"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/12055","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=12055"}],"version-history":[{"count":6,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/12055\/revisions"}],"predecessor-version":[{"id":12062,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/12055\/revisions\/12062"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=12055"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=12055"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=12055"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}