Gold XAUUSD Momentum Trade - 27 Feb 2015

Gold Best Buy 1212.20 Avg Level 1209  target 1222 before that 1226

Now @ 1213.60

$GC_F $XAUUSD Momentum Buy Call Initiated @ 1206 on 26 Feb 2015 Is still active for same tgt !! Stick to the Levels

Crude Oil 48.02 Buy call active for their respective targets, Now @ 49.25

$Crude $WTIC Fresh Trading Strategy Initiated 48.02 buy call on 24 Feb 2015 is fully active!! Follow the levels & Strategy Accordingly

 http://www.trendtradersonline.com/2015/02/crude-oil-wti-fresh-trading-strategy-24.html

EUR/USD - Euro US Dollar Momentum / Positional Call - 26 Feb 2015

Buy the pair @ 1162 for target 1265, stops below 1122

Now @ 1190

Days Low 1187

Reversal target for premium members 

Coffee Momentum Trade Update - 26 Feb 2015

As of hourly & 4 hrs trend - technicals indicator are suggesting momentum reversal in place

Levels to watch for 

Current Support & best buy 140.90  target 143.10, above 144.20 upside capped @ 146.25 - 147.25, However a crack below 139.95 downside target @ 138.95 - 137.95

However Monthly Technical indicators suggest there is some more room left for downside..

Tape 137.95 <<==>> 147.25

Now @ 141.10

Gold - XAUUSD Momentum Call - 26 Feb 2015

Best Buy & support b/w 1206.40 - 1210 above 1213.50 upside target capped @ 1226

Stops as per your risk appetite

Reversal targets for premium members 

Now @ 1208.80

Crude Oil 1hr trend - bearish - below 49.70 watch for 49 - 48.30

Gold - XAUUSD Breaking Alert - 24 Feb 2015

Consumer confidence index has fallen In fact it's a positive news for GOLD and technical's might start to change its course from here on

Yellen Comments saying FED will stay patient and Rate Increase is unlikely in next couple of meetings is also a Positive sentiment for GOLD / XAUUSD prices

Levels

Support @ 1198 Watch for 1205.50 above that prices are likely to hit 1217 Clearing of 1227 confirms 1250 in the days ahead.. Below 1187 downside capped @ 1173

Now @ 1200.10

Gold Momentum Call - 24 Feb 2015

Buy XAUUSD @ 1196 Stops 1192 target 1205.50

Now @ 1196.3

Crude Oil - WTI Fresh Trading Strategy - 24 Feb 2015

Crude Oil - Fresh Call Activates Once short call target is achieved @ 48.02 

Best Buy & support 48.02 for momentum target 49.72 & positional target 52 - 52.98, below 47.66 its 46.66 and would remain a buy @ those levels for the same target with strict stops @ 45.38

Major Break Down Level - 43.70

Now @ 48.82

Gold - XAUUSD - Daily Trading Levels Update - 24 Feb 2015

Best Buy & support @ 1198 - 1195.50 resistance @ 1202.50 -1206 above that upside capped @ 1217 below 1194 its 1188 violation will activate target 1173

Now @ 1198

$CL_F $CRUDE target achieved @ @ 48.70 , sell initiated below 50.40

 Next target active @ 48.02, Resis & best sell 49.90 - 50.20

Now @ 49.30

Crude Oil - WTI - Daily - Weekly Trend & Trading Levels - 23 Feb 2015

Weekly Trading Levels

Best Buy & Sup @ 52 (Current Resistance) Actual  Resistance & best short level @ 52.98 a break above 53.96 upside target capped @ 56.86 - 58.08, However a crack below 51.02 downside capped @ 47.88 - 46.66

Daily Trend - Bearish

Weekly Trend - Neutral

Monthly Trend - Bullish

Daily  Trading  levels 

As the Trend is Bearish - only sell levels are initiated as of daily

Resistance & Best sell 51.02 - 51.62 below 50.40 downside capped @ 48.70 - 48.02 stops above 52.02

Now @ 50.80

Most Probable Tape 

48 <<====>> 58 >> 68

Simplicity is key

Gold Trading Levels & Trend Update - 20 Feb 2015

$Gold 4hrs trend - though indicators are faces south tape reading suggests it's takin supp & prices could reverse as of daily bullish trend

XAUUSD - GLD Levels 

Best buy & supp @ 1207 actual resis @ 1209.80 abv 1212.6 upside @ 1220 - 1223 - a crack below 1204.20 downside at 1196-1193

Buy Buy Buy COFFEE @ 148!! Near Term Call - 20 Feb 2015

Coffee $150 - 148 is the buy, Average level @ 142 (if get) Near term Positional target @ 178 - 196 - 248 for now above 256 likely to hit 272

Now @ 151.15

XAUUSD - GOLD Intra day - Positional Call - 19 Feb 2015

Best Buy b/w 1215 - 1217 average level 1212 for intra day target 1232 above 1219 & positional target  1250 - 1258

Now @ 1217.6

Crude Oil Momentum & Positional Call - 19 Feb 2015

Buy WTI @ 50.60 - 50.80 for momentum target 51.80 as 4hrs trend is Firm Bullish

However Oil daily technical's suggests still bearish momentum is in play as all the major indicators are faced south indicating a drop till 49.85 - 49.48 below that its 48.30

Now @ 50.85

As Traders wait for FED Minutes

As Traders wait for FED Minutes - any hints of increase in interest rates in a bearish case for gold however  the massive amounts of monetary stimulus that have been deployed abroad are continuing to put upward pressure on the U.S. dollar, that will make it hard for the Fed to raise rates.

Gold Bullish 

Crude Oil - WTI Momentum Update - 18 Feb 2015

Crude Oil facing resis @ 53.45, likely to hit 51.72 as daily trend suggests a drop, Weekly Trend being neutral Monthly Firm bullish trend still remains Intact!!

Now @ 53.10

Gold - XAUUSD Trading Levels - 18 Feb 2015

Best Buy & support @ 1215 Resistance & best sell level 1223.30, A break above 1231.60 upside capped @ 1250 - 1258 - 1288 however a crack below 1206.70  downside capped @ 1190

Now @ 1207

Greece may not reach financial stability until the year 2020 or later??

Explaining the Greek Economic Crisis 

The financial crisis that has crippled the Greek economy serves as a cautionary tale against irresponsible spending.

First, it may be helpful to traders to explain that government finances are not much more difficult to calculate than the numbers in one’s personal bank account. A country earns X and spends Y; Y should not exceed X. Just as responsible borrowing and credit are an important part of personal money-management skills, countries should borrow only what they need to get by, under strict rules of payback.

Greece not only eschewed the rules of responsible spending, the country also completely ignored the rules of responsible borrowing. The result was catastrophic debt that the country is unable to repay, potentially leading to financial crises in the countries that loaned money to Greece.

The Greek financial trouble started decades ago when government after government increased the size of the country’s payroll. A “you scratch my back…” system rewarded supporters of the two biggest political parties with government jobs. This practice eventually led to a Greece where one in five citizens of working age held a government job. At one point politicians stopped offering so many government jobs and instead began handing out raises to those already working for the government. This, coupled with notoriously poor tax collection enforcement, had Greece scrambling to keep the money flowing.

The country turned to its neighbours and began to borrow. The lenders offered money with little question, because as a member of the European Union, Greece was required to adhere to strict financial restrictions including not allowing its national budget deficit to exceed 3 percent of its economic output. Greece’s debt soared, but no one was concerned because the Greek government continued to report a national deficit of 3.4 percent.

The final blow was struck with the election of a new government that discovered the country’s financial books had been “cooked” for years. The 3.4 percent deficit was a lie, and Greece was really operating on a national deficit of just over 15 percent. This revelation, coupled with the demise of Lehman Brothers Holdings—a New York City-based investment bank—in 2008 and the worldwide economic crisis that followed, led Greece’s lenders to enact stricter borrowing rules. The country’s borrowing costs sky rocketed, and in an instant, it became impossible for Greece to repay its debt without taking further loans.

European Union countries and the International Monetary Fund stepped up in 2010 with a 110-billion-euro bailout (a euro equals about 1.33 U.S. dollars). The money was given with the condition that Greece implement severe “austerity” measures including deep government spending cuts and wage lowering. These measures led to a dangerously sluggish Greek economy. A second bailout of 130 billion Euros has been agreed to, with 30 billion going to the country’s private debtors and 40 billion going to the Greek banks, which are expected to report massive losses.

Despite all of the austerity measures and bailouts, experts estimate that Greece may not reach financial stability until the year 2020 or later.

Buy Buy Buy Crude Oil - 4hrs Trend - Firm Bullish

Buy oil @ 49.70 Momentum  target 51.72 - 53.44 Above 53.60 upside positional target capped @ 56.25 - 57.66 , Break down level 48.28

Now @ 49.72

Gold Remains a Buy @ 1221 - Near term Target Active!!

Gold Best Buy level  1221 Resistance @ 1254.70 above 1288.40 upside capped @ 1322 - 1346 - 1362 below 1214.80 likely to test 1195 - 1168 

Now @ 1222.40

JAN TO FEB RANGE  :  1177.80  - 1308.8

Dec 2014 we have taken support & 1168 & bounced , Hence the current fall  to 1221 from 1308.80  can also be considered as gap filling of 1178 to 1308.8 run up

The other fundamental  factors  are, the Central bank buying and selling can always have a significant influence on gold prices. 

As reported  on Jan 27 (Reuters) - Russia extended its buying spree of gold to a ninth straight month,

Gold bounce off   from 1178  December lows  can possibly be due to support from central bank purchases. Russia added 20.73 tonnes to the world's fifth-biggest gold holdings, bringing its total to 1,208.23 tonnes.

Russia's gold-buying spree comes amidst a bearish outlook for its economy, which is expected to slide into recession this year on low oil prices and the fallout from sanctions over Ukraine. To say Russia  has overtaken China in the amount of gold held by its central bank.

 Meanwhile Ukraine Central banks also have paused in selling its gold holdings

Other buyers included Kazakhstan, Belarus and Malaysia & India  in one of our earlier article on the blog dated  2nd Dec 2014

"Swiss Gold Referendum Rejected but The Big News Is That India Is Back! + Technicals = 1234 - 1294 Later 1488 - 1548?? XAUUSD

 http://www.trendtradersonline.com/2014/12/swiss-gold-referendum-rejected-but-big.html

Adding to that   China's trade performance slumped in January, with exports falling 3.3 percent from year-ago levels while imports tumbled 19.9 percent, far worse than analysts had expected and highlighting deepening weakness in the Chinese economy.

In the above linked article we had also talked about  China holds the gold price key, If China wants the gold price to turn around 

 http://www.trendtradersonline.com/2014/12/swiss-gold-referendum-rejected-but-big.html

Coffee Sell call revised update & Daily Chart - 06 Feb 2015

167.60 - 168 Sell positions maintain momentum stop loss @ 168.9 as we can see a double bottom pattern on the daily charts suggests prices could test 175.10 before that 148 mark!! 

Now @ 167.15

Gold Likely to test 1225.85 (Its Average Level) for positional traders targeting 1320 - 1346

US Coffee C Futures - Mar 15 (KCH5) - Positional Call - 6th Feb 2015

Sell Coffee 167.60 - 168 for positional target 160.40 - 154.15 for now &  151.48 - 148 later, strict stops @ 172 break out pivot @ 176.52 - 177

Now @ 167.88

DOW JONES & SPX bulls should be extra cautious as we are expecting a major sell off!!

Crude Oil Intraday Update - 06 Feb 2015

Current Support @ 51, Watch for 51.88 above 52.76 oil likely to spike up till 53.42 - 53.90 for now later 55.76, Failure to clear the resistance Intra day then we may again drop till 51 - 50.20 

Now @ 51.81

Dow Jones Momentum - Positional & Near Term Update - 06 Feb 2015

Dow remains a sell @ 17925 for near term target 16922, However Momentum Traders can sell below 17878 for target 17802 - 17726 , Positional Traders target capped @ 17480 - 17405 for now, later 16922 - 16790

Above 17948 DOW  likely to test 18048 - 18124

Now @ 17904

SPX - SP500 - NearTerm Update

SPX Retests 2068 & Respect that mark as resistance then the short call target will be revised from 1952 to 1868

Now @ 2062

Gold Likely to recover momentum till 1257 - 1264 just the way it drop - Nose dive

Now @ 1239.80

Gold positional call!!

 Buy $Gold $XAUUSD 1246 for positional target 1346 stops 1226 #GLD #Comex #Fx

Crude Oil - WTI - Near Term Outlook - 05 Feb 2015

$CL_F A Shooting Star on the monthly @ 48.70 Eyes @  52.92, Above that 55.76 Inevitable,Violation of 55.76 sets pace for 68

Now @ 50.86

$CL_F $Crude #Oil $WTI 48.68 Buy Call - Bang on 2nd tgt 51.16

WTI 48.68 Buy Call - Bang on 2nd tgt 51.16, Days high 51.28, Next Tgt's active,  

Cur support @ 50.60/49.8 

Now @ 50.60

Silver - XAGUSD Intraday/Positional Call - 05 Feb 2015

Buy Silver - XAGUSD @ 17 for target 17.46 - 17.92 - 18.04 - 18.22 stops below 16.70, Break down level 16.50

Risk appetite traders can average positions @ 16.70 with strict stop loss 16.45

Now @ 17.07

$CL_F #CrudeOil #WTI #OIL 47.65 Buy Call - Momentum 2nd target achieved @ 49.65 days high 49.47, current supp @ 48.68

Crude Oil - WTIC - Risk Appetite Intra day - Positional Traders Call - 05 Feb 2015

Buy Crude Oil @ or below 48.68- 47.40 Intra day target  50.58 - 51.16 & Positional Target 54.50 - 55.76

Now @ 48.78

Stops @ 46.60, Reversal Target @ 45.40 - 44.18

CrudeOil - WTI - Momentum Call - 5 Feb 2015

Buy Oil @ 47.65 for momentum target 48.80 - 49.65 - 50.02

Now @ 47.95

Crude Oil - 51.34 sell call target achieved @ 48.70 days low 47.40

Buy Gold - XAUUSD @ 1267 Momentum Target 1277

$GILD Below 96.74 watch for 93.68 - 92.38 - 91.45 - 88.72, Resis & best sell @ 98 - 99.26

Gilead Sciences Inc. (Biotechnology)

$GILD Remains in a firm bearish trend as of 2 hour, Daily & Monthly , Best sell & current resistance @ 98 - 99.26, Average level @ 100.52, below 96.74 downside target capped @ 93.68 - 92.38

Positional Traders - Best sell level b/w 100 - 102.92 below 97.08 watch for 91.45 - 88.72

Now @ 97.20

Crude - Oil - 4hrs Trend - Bearish!!

Crude Oil Remains a sell @ 51.34 for target 50 - 48.70 

Now @ 50.94

$CL_F #Crude #Oil #WTI Bang on 1st target 52.16, days high 52.16

GOLD - XAUUSD Fresh update after low 1264.10

Buy Gold @ 1262 - 1266, Momentum Traders  strict stops @ 1255 target above 1277 capped @ 1288 - 1294.10

Now @ 1265.4

Positional Traders stops below 1250 - 1246 Break down level - 1245 

As per yesterdays $GC_F Alert @ 1282 target almost filled @ 1264 - 1263 days low 1264.90 $XAUUSD $GLD

$CL_F - $CRUDE - $WTIC Update

Oil has a shot for 53.70 from 49.15 levels as weekly & monthly remains firm bullish however 4 hrs trend - bearish

Crude Oil - WTI - Fresh Levels after high 51.53 - 03 Feb 2015

Best Buy & support b/w 50 - 50.85 Average level  49.15 above 51.70 upside capped @ 52.16 - 52.65, strict stops below 48.56

Trend - Firm Bullish

Now @ 50.73 

$CL_F #Crudeoil Target filled @ 50.30 - 50.80 - 51.36

$XAUUSD - $GC_F - Gold Revised Update - 2 Feb 2015

XAUUSD - Gold  Revised Update - 1288 only if clears 1282 else it may retest 1264 - 1263 levels below 1273 before 1288 - 1290, Hence traders are advised to close momentum buy positions @ 1281.80

Now @ 1277.10

4 hours Trend - Bullish 

Daily Trend - Bearish

Gold - XAUUSD On itz way towards 1288, Now @ 1278

CrudeOil - WTI - 2 Feb 2015

Best Buy & Support @ 48 - 48.78 Average level 47.22 above 49.56 upside capped @ 50.30 - 50.80 - 51.36 - 52.16 

A crack below 47 reversal target capped @ 45.38 - 44.58

Now @ 48.20

4 hrs Trend - Mild Bearish 

Daily Trend - Firm Bullish

$AMZN on the move - Now @ 359 Charging its way higher towards 378 - 395 Mark!!

Super Bullish

This is 343 Break Out -  Buy Call

$ES_F Positional sell call 1st target hit @ 1980 nxt target active @ 1952

$CL_F Rebuy @ 46.80 call for 50.80 after 47.70 target has almost achieved the target "50.80" days high 50.07 #WTI

$ULTA $LOW $FUEL $DANG $BWLD - Trading Strategy for the week ahead - 02 Feb 2015

$ULTA - Daily Trend - Firm Bearish, Best sell 133 - 133.70 below 132.30 downside capped @ 130.12 - 129.28 stops abv 134.40

$LOW -  In its initial bearish trend as of weekly & has lot of room left for downside - Best sell b/w 69-69.8, avg 70.6, Target 66 / 65.55 below 68.2

$FUEL-  Likely to continue its down trend the week ahead - Best sell level above 13 or b/w 13.45 - 13.90 for target 12.05 -11.70 below 12.55 

$DANG - Firm Bearish - Best sell level 9.15 - 9.30 below 8.85 way to go 7.52 - 7.15

$BWLD Daily Trend -Firm Bearish - Best short level 180 - 181.52 below 178.48 downside capped @ 175.18 - 173.68

$DJIA Weekly Trend - Firm Bearish - 1 Feb 2015

Best sell level 17350 - 17482 below 17218 downside capped @ 16922 - 16790 

Now @ 17165 

(Hence current Res - 17218)