{"id":22081,"date":"2025-08-07T13:13:45","date_gmt":"2025-08-07T20:13:45","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=22081"},"modified":"2025-08-07T13:13:45","modified_gmt":"2025-08-07T20:13:45","slug":"trading-crude-oil-gold-futures-volatility-strategy-and-precision-august-8th-2025","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/trading-crude-oil-gold-futures-volatility-strategy-and-precision-august-8th-2025\/","title":{"rendered":"Trading Crude Oil & Gold Futures: Volatility, Strategy, and Precision – August 8th 2025"},"content":{"rendered":"

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Crude Oil & Gold Futures<\/h1>\n

By John Thorpe, Senior Broker<\/em><\/h4>\n

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Crude Oil and Gold Futures: Key Parallels and Trading Considerations<\/h1>\n

Crude oil and gold futures both live at the intersection of intense volatility and emotional extremes, where fear and greed can unleash explosive price swings in seconds. Their active trading window opens with Far East liquidity around 10 PM EST and carries through the U.S. session until about 3 PM EST. While overall volume won\u2019t rival ultra-liquid products like the E-mini S&P or 10-year note futures, depth is still ample for meaningful size\u2014provided you respect potential slippage on aggressive stops and use limit orders around known support and resistance.<\/p>\n

Each tick in COMEX gold futures equals a $10 P&L move (so a one-dollar price change is $100), and NYMEX crude ticks carry the same $10 value\u2014but translate to $1,000 per full dollar shift. Those generous tick values can turbocharge both gains and losses, making precise entries, exits, and risk controls nonnegotiable.<\/p>\n

Oscillators such as RSI or Stochastics shine in spotting overbought\/oversold extremes, while range and Renko charts help strip away noise and highlight structural breakouts. Layer these tools with clearly defined stop levels, position-sizing rules, and a watchful eye on inventory reports or geopolitical catalysts to maintain an edge in both commodity arenas.<\/p>\n

A crude oil 15 min chart from today for your review below – the red bars suggest to “attack from the short side”:<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n

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September Coffee<\/h1>\n

September coffee stabilized its slide and corrected after it completed its third downside PriceCount objective last month. At this point, IF the chart can resume its break with new sustained lows, we are left with the low percentage and unlikely fourth count to aim for in the 149.55 area.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n
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The PriceCount study is a tool that can help to project the distance of a move in price. The counts are not intended to be an \u2018exact\u2019 science but rather offer a target area for the four objectives which are based off the first leg of a move with each subsequent count having a smaller percentage of being achieved. <\/em><\/p>\n

It is normal for the chart to react by correcting or consolidating at an objective and then either resuming its move or reversing trend. Best utilized in conjunction with other technical tools, PriceCounts offer one more way to analyze charts and help to manage your positions and risk. Learn more at www.qtchartoftheday.com<\/em><\/p>\n

Trading in futures, options, securities, derivatives or OTC products entails significant risks which must be understood prior to trading and may not be appropriate for all investors. Past performance of actual trades or strategies is not necessarily indicative of future results.<\/em>\u200a<\/span><\/p>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n
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Daily Levels for Aug 8th, 2025<\/h3>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n
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Want to feature our updated trading levels on your website?\u00a0Simply paste a small code, and they’ll update automatically every day!\u00a0<\/em><\/h3>\n

Click here for quick and easy instructions<\/a>.<\/em><\/h3>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n
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Economic Reports<\/h3>\n

provided by:\u00a0<\/a>ForexFactory.com<\/a><\/p>\n

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Find us on Trustpilot<\/h1>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n
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Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors.\u00a0You 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<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n
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Cannon Trading Co., Inc.<\/span><\/em><\/p>\n

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Los Angeles, CA 90025 US<\/span><\/em><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Crude Oil & Gold Futures By John Thorpe, Senior Broker Crude Oil and Gold Futures: Key Parallels and Trading Considerations Crude oil and gold futures both live at the intersection of intense volatility and emotional extremes, where fear and greed can unleash explosive price swings in seconds. Their active trading window opens with Far East […]<\/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":[],"class_list":["post-22081","post","type-post","status-publish","format-standard","hentry","category-future-trading-news"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/22081","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=22081"}],"version-history":[{"count":2,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/22081\/revisions"}],"predecessor-version":[{"id":22084,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/22081\/revisions\/22084"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=22081"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=22081"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=22081"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}