Gold longs at strong support at 3,220/3,210 worked perfectly
|XAU/USD
Gold broke 3263/59 to hit my target & strong support at 3220/3210 exactly as predicted.
I hope you caught this move for the potential 350-400 tick profit on the downside.
The longs at 3220/3210 are also working perfectly as we hit my 2 targets of 3233/36 & 3245/50, for another 300 ticks profit on the week, and as I wrote yesterday, even 3265 is possible today.
Emini S&P June continues higher as expected hitting my 5660/5670 target.
The low & high for the last session were 5601 - 5682.
Emini Nasdaq June made a low for the day exactly at support at 19780/720. Buying at support has worked well this week.
Last session high & low were: 19757 - 20125.
Emini Dow Jones June longs at support at 40775/40700 worked perfectly with a low for the day exactly here. Now we need a break above 41200.
Last session high & low for the last session were: 40734 - 41222.
Emini S&P June futures
- Emini S&P now hitting my 5660/5670 target by the end of the week as predicted.
- There is good bullish momentum & so a break above 5675 is a buy signal for today & can target 5705/15, perhaps as far as 5735/40.
- A buying opportunity at 5610/00 & longs need stops below 5590. A break lower however can target 5560/50 & longs need stops below 5540.
Nasdaq June futures
- Emini Nasdaq made a high for the day at minor resistance at 20000/20100.
- A break above 20200 should be a buy signal for today targeting 20400/450.
- Support again at 19780/720 & longs need stops below 19650.
Emini Dow Jones June futures
- Emini Dow Jones break above 41200 is a buy signal targeting 41400/430 & 41550/600, perhaps as far as 41700.
- Support again today at 40775/40700 but longs need stops below 40550.
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