Gold: October 03 review
Dow jones will open slightly positive today after yesterday’s sell off.
Dow futures, contract traded, +08 points, up +0.06% at early US sessions.
Yesterday’s Trump’s announcement tariff for EU imports, safe heaven demands like Gold and Silver traded still positive today also. Traders always buy Hedge funds when Global tensions arise, strikes and any recession periods.
Gold prices was see continue up trend in last three sessions. Gold futures, December contract traded, $1522.50 range, up +0.82% at early US sessions.
Expectation of profit booking will see in Hedge funds like Gold and Silver.
Entry point – $1522.50-$1525.00 range
And keep R1 $1535.00
And wait S1 $1495.00
And wait S2 $1489.50
And wait S3 $1482.00