Gold longs at strong support at 3,220/3,210 worked perfectly

Jason Sen DayTradeIdeas.co.uk

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.

Author

Jason Sen

DayTradeIdeas.co.uk

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