Come and explore with us into GOLD market trading!!! Do not miss the opportunity.. VOLUME is huge..
GOLD
Gold edged higher on Friday, reversing earlier losses after the Catalonian parliament's independence declaration from Spain led investors to seek safety from political upheaval.
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Plan A : Attempt buying if gold trades firmly above 1268.9
Plan B : Cut below 1265.6
Plan C : Consider selling if market surges but fails to breach above 1275
Plan D : Cut above 1280
HSI Futures
Wall Street climbed on Friday, as a surge in the tech sector and a rally in Amazon shares helped push the Nasdaq to its best day in nearly a year.
Hong Kong stocks ended the week on a firmer footing, after an encouraging slew of earnings from U.S. tech giants buoyed Wall Street and the European Central Bank extended its stimulus. The market also drew support on solid earnings from major Chinese firms listed in the city, including China Life Insurance and telecommunications equipment and systems company ZTE Corp.
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Plan A : Above 28550, do nothing
Plan B : Below 28300, do nothing
Plan C : Attempt buying if market trades firmly above 28380
Plan D : Cut below 28320
Plan E : Consider selling if market surges but fails to breach above 28450
Plan F : Cut above 28500
FKLI
FKLI made an u-turn on last Friday, from opening 1735, tipped at 1748.5 and then closed at 1744.5. This up-side could be due to the strong regional markets and also the Budget 2018 announcement tabled by our PM. Both buyers sellers are advised to make cautious movement before entering to the market today.
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Plan A : Attempt selling if market surges but fails to breach above 1754.5
Plan B : Cut above 1757
Plan C : Consider buying if market stays firm above 1744
Plan D : Cut below 1741.5
FCPO
FCPO inched up to 2833 on Friday after successfully stood firm above 2800's. Dalian and soybean oil positive today while Ringgit stays at RM4.23 against the greenback.
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Plan A : Buy only if market supported firm above 2842. Targets are 2865 and 2888.
Plan B : Sell if market rebounded and resisted around 2865. Targets are 2842 and 2818.
Plan C : Above 2865, no fresh position.
Plan D : Below 2842, no fresh position.
Disclaimer: This information is intended to assist professional investors. News are credit courtesy of Reuters and CNBC. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment.
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