GOLD
Gold prices held little change near two-month lows on Friday, as the dollar eased after U.S. President Donald Trump announced plans to impose heavy tariffs on imported steel and aluminium.
Spot gold was flat at $1,316.13 an ounce at 0124 GMT. Prices fell to their lowest since Jan. 2 to $1,302.61 in the previous session, under pressure from expectations of U.S. interest rate hikes.
To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for March subscription.
Plan A : Buy only if market supported above 1315.5. Targets are 1326.5 and 1331.70.
Plan B : Sell if market rebounded and resisted around 1326.5. Targets are 1315.5 and 1302.5.
Plan C : Above 1326.5, no fresh position.
Plan D : Below 1315.5, no fresh position.
HSI
The S&P 500 registered a third straight day of more than 1 percent declines on Thursday after President Donald Trump said the United States would impose import tariffs on steel and aluminum, raising concern about higher prices and a trade war.
Hong Kong shares rebounded on Thursday after two days of sharp falls, with news regarding a probe into CEFC China Energy chairman had limited impact on market sentiment.
To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for March subscription.
Plan A : Above 30782, do nothing
Plan B : Below 30585, do nothing
Plan C : Attempt selling if market stays trading below 30725
Plan D : Cut above 30800
Plan E : Consider buying only if market manage to hold firm above 30674
Plan F : Cut below 30610
FKLI
FKLI opened gap down on the first trading of March, followed with the weak Dow and regional.. Buyers were all chased out while sellers were encouraged to enter the market for now. Dow was further declining for more than 400 points in the overnight market, hence the market could have more room to further decline today.
To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for March subscription.
Plan A : Attempt selling only if FKLI rebounds but fails to breach above 1854.5
Plan B : Cut above 1857
Plan C : Consider buying if market falls but fails to break below 1832
Plan D : Cut below 1828
FCPO
FCPO flattened on Thursday closed low later in the evening. Dalian and soybean oil are mixed today while Ringgit stays at RM3.91 against the greenback.
To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for March subscription.
Plan A : Buy only if market supported above 2506. Targets are 2527 and 2540.
Plan B : Sell if market failed to support above 2506. Targets are 2478 and 2464.
Plan C : Above 2516, no fresh position.
Plan D : Below 2496, 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.
Created by Futurescoin | Jan 23, 2024
Created by Futurescoin | Jan 22, 2024
Created by Futurescoin | Jan 19, 2024
Created by Futurescoin | Jan 18, 2024
Created by Futurescoin | Jan 16, 2024