Gold

Gold prices jumped on Friday, moving further away from a four-month low hit in the previous session, as the dollar slid despite data showing that U.S. jobs growth climbed last month.

To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for May subscription.

Plan A : Attempt buying if gold price trades resiliently above 1278.2

Plan B : Cut below 1271.7

Plan C : Consider selling if gold price surges but fails to breach above 1288.7

Plan D : Cut above 1291.7

HSI/HSI Warrants

U.S. stocks rose in a broad-based rally on Friday as stronger-than-expected job growth in April with muted wage gains left investors upbeat about the outlook for the economy and interest rates.

Hong Kong shares ended higher on Friday, after heavyweight HSBC Holdings Plc’s earnings beat estimates, lifting sentiment on an otherwise quiet day as mainland Chinese markets remained closed for a holiday.

FKLI had a sharp rebound from 1617 on last Friday to 1634.5 on last Friday as most of the sellers participated in the profit-taking activities. The market has formed a V-shape on the intraday charts and revealing that the market is not ready to wake up the bear yet. However, buyers are ought to be alert as the dispute between U.S. and China again bumped the markets with surprise and Dow Futures drop for more than 450-points amid report China may cancel trade talks due to Trump threats.
 

To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for May subscription.

Plan A : Attempt buying if FKLI does not breach below 1621.

Plan B : Cut below 1617.

Plan C : Consider selling if FKLI trades below 1627.5.

Plan D : Cut above 1631.

FCPO

FCPO opened gap down this morning, flattened for the first session but remain weak with downside momentum. Dalian and soybean oil tumbled today after the announcement of the increased duties from U.S.. Ringgit stays at RM4.14 against the greenback.

To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for May subscription.

Afternoon Plan

Plan A : Buy only if market supported firm above 1995. Targets are 2008 and 2020.

Plan B : Sell if failed to support above 1995. Targets are 1981 and 1961.

Plan C : Above 2001, no fresh position.

Plan D : Below 1989, 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.