{"id":23266,"date":"2026-08-27T13:35:22","date_gmt":"2026-08-27T20:35:22","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=23266"},"modified":"2026-08-27T13:35:22","modified_gmt":"2026-08-27T20:35:22","slug":"trading-g","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/trading-g\/","title":{"rendered":"Your Important Futures Trading Guide for Friday, August 28th, 2026"},"content":{"rendered":"\n\n\n
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Gold (GC)<\/strong><\/h2>\n

\u2014 Dec. (#GC)<\/td>\n

4575.57<\/td>\n4616.83<\/td>\n4657.27<\/td>\n4698.53<\/td>\n473897<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
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Silver (SI)<\/strong><\/h2>\n

\u2014 Sept. (#SI)<\/td>\n

66.73<\/td>\n68.02<\/td>\n68.87<\/td>\n70.16<\/td>\n71.01<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
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Crude Oil (CL)<\/strong><\/h2>\n

\u2014 Oct. (#CL)<\/td>\n

79.25<\/td>\n81.47<\/td>\n82.87<\/td>\n85.09<\/td>\n86.49<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
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\u00a0Sept. Bonds (ZB)<\/strong><\/h2>\n

\u2014 Sept. (#ZB)<\/td>\n

108 30\/32<\/td>\n109 7\/32<\/td>\n109 17\/32<\/td>\n109 26\/32<\/td>\n110 4\/32<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n
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Friday Futures Trading Preview: Drought and Jackson Hole in Focus<\/h2>\n

\"trading\"<\/p>\n

Markets head into Friday with attention turning to both weather developments and central bank commentary.<\/p>\n

Equity, Gold, Silver Futures<\/h3>\n

In the financial sector, U.S. equity futures remain near record highs, while crude oil continued its advance, gaining more than 2% on Thursday. Gold and silver also held firm, reflecting ongoing investor interest in hard assets.<\/p>\n

AGs<\/h3>\n

For agriculture, the latest USDA drought data shows worsening conditions across several major crops. Areas experiencing moderate drought or worse increased for soybeans, cotton, wheat, rice, and sorghum. The trend could continue to support weather-sensitive grain and oilseed markets if forecasts remain unfavorable.<\/p>\n

Soybean<\/h3>\n

Soybeans closed slightly higher and continue to hold a positive technical trend. Cotton was among Thursday’s strongest agricultural performers, gaining more than 3%, while wheat also posted solid gains.<\/p>\n

Important Dates<\/h3>\n

Friday’s economic calendar features several European inflation releases, U.S. Chicago PMI data, a preliminary benchmark payroll revision, and comments from Federal Reserve officials. The Jackson Hole Symposium will remain a key focus for traders looking for clues on future monetary policy.<\/p>\n

As the week closes, traders will be watching whether drought concerns can provide additional support for agricultural markets while broader financial markets react to Fed-related headlines.<\/p>\n

The call is free and we are here to assist – try us!<\/a><\/em><\/h3>\n

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Trading Signals on Trading View – FREE Trial<\/a><\/h3>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n
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December Meal<\/h3>\n

December Meal satisfied its second upside PriceCount objective that is consistent with a challenge of the fall high. It would be normal to get a rear term reaction from this level in the form of a consolidation or corrective trade. IF the chart can sustain further strength, the third count would project a possible run to the $361 area.<\/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. <\/em><\/p>\n

Learn more at\u00a0www.qtchartoftheday.com<\/a><\/em><\/h3>\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><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n
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Cannon Edge \u2014 Your Daily Futures Snapshot for August 28th<\/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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Cannon Edge is our new daily feature designed to give traders a fast, actionable overview of key futures markets. Each post delivers:<\/h3>\n

\u00b7\u00a0\u00a0\u00a0\u00a0Current price and daily % change<\/p>\n

\u00b7\u00a0\u00a0\u00a0\u00a030\u2011day and 52\u2011week highs\/lows<\/p>\n

\u00b7\u00a0\u00a0\u00a0\u00a0PROPRIETARY Short\u2011term and long\u2011term trend signals<\/p>\n

\u00b7\u00a0\u00a0\u00a0\u00a0Coverage across equity indices, metals, energies, currencies, and ags<\/p>\n

Whether you’re scanning for breakout setups, trend reversals, or just staying informed \u2014 Cannon Edge puts the data in your hands before the open.<\/h3>\n

\u00a0Built for speed. Backed by insight. Powered by CQG.<\/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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Daily Levels for August 28th, 2026<\/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

All times are Central Time ( Chicago)<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\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.<\/em><\/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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Call Now<\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n
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Listen to our podcast: Subscribe on\u00a0Apple<\/a>,\u00a0Spotif<\/a>y,\u00a0Amazon<\/a><\/p>\n

or wherever you listen to podcasts!<\/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><\/strong><\/em><\/p>\n

12100 Wilshire Blvd.<\/span><\/strong><\/em><\/p>\n

Suite 1640<\/span><\/strong><\/em><\/p>\n

Los Angeles, CA 90025 US<\/span><\/strong><\/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":"

Instrument S2 S1 Pivot R1 R2 Gold (GC) \u2014 Dec. (#GC) 4575.57 4616.83 4657.27 4698.53 473897 Silver (SI) \u2014 Sept. (#SI) 66.73 68.02 68.87 70.16 71.01 Crude Oil (CL) \u2014 Oct. (#CL) 79.25 81.47 82.87 85.09 86.49 \u00a0Sept. Bonds (ZB) \u2014 Sept. (#ZB) 108 30\/32 109 7\/32 109 17\/32 109 26\/32 110 4\/32 Friday Futures […]<\/p>\n","protected":false},"author":19,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1334,2038],"tags":[1958,36,1628],"class_list":["post-23266","post","type-post","status-publish","format-standard","hentry","category-gold-futures","category-silver-futures-contract","tag-equity","tag-gold","tag-silver"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/23266","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\/19"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/comments?post=23266"}],"version-history":[{"count":1,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/23266\/revisions"}],"predecessor-version":[{"id":23267,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/23266\/revisions\/23267"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=23266"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=23266"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=23266"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}