JayM

JayM Updated 

According to the last week COT report, the dealers are highly short and 90% managed funds are long for gold. And also, XAU-USD is at monthly support level. Breaks above the monthly pivot will confirm the bull move and gold is heading to 1390.00 area this year.

JayM Updated 

It looks like the wave (iv) is in progress and 1288 is a resistance. One more dip is possible after the FOMC meeting minutes on this Wednesday . Wave (v) bottom should be around 1252.00. BUY gold @1255.00 (to not to miss the trade) with SL @1245.00. This is the last time you could see 12xx.xx numbers for gold in your life!!! If the price breaks above 1292.00,...

JayM

Sell Gold at the trend line OR 1299.00, SL 1303.00. TP-1 - 1278.00 TP-2 - 1263.00 TP-3 - 1252.00

JayM

Watch for the pattern for the selling opportunity. If this happens, Sell @114.35 for TP @ 108.70.

JayM Updated 

AUDUSD getting closer to the trend line support. Follow the directions on the chart. Good Luck!!

JayM Updated 

I am going to sell TWO lots of USDJPY at the current price. My profit target is 111.00. SL is set at 113.20.

JayM

This is an opportunity to BUY July 2018 Corn Futures for those who are trading Futures. BUY @ 365.00. See the analysis for the profit targets. SL must be below 360.00.

JayM Updated 

Sell again at 51.35, SL above the trend line. Take profit at 49.00

JayM Updated 

See the note on the Chart. Profit targets are 67.00, 93.00, 119.00, 134.00. Good Luck!!

JayM

BUY Oats at 2490.00. TP1 - 2585.00 TP2 - 2679.00 TP3 - 2760.00

JayM

See the note on the chart. Resistance levels are 1460.00, 1710.00, 1966.00 2122.00. any bear move will be limited to 100 weeks EMA, now @ 1248.00.

JayM Updated 

Crude oil trading below monthly pivot. TWO days closed below confirmed the brake down and more weaknesses can be expected in the coming days. SELL at 50.30 for Oct. 5th. Inertial target is 48.00, SL is set above 50.70.

JayM

S&P 500 getting closer to the yearly top. Watch 2575 area for sell opportunities.