The VC Weekly Futures Swing Trading Instructions: Gold, Silver, GBP, AUD

Signals are automatically generated by integrating electronic weekly statistics with proprietary algorithms.

GOLD
WEEKLY MOVING AVERAGES
The December gold futures contract closed at 1337 . The market closing above the 18 MA (1334) is confirmation that the trend momentum is bullish. A close below the 18 MA would negate the weekly bullish short-term trend to neutral.

VC CODE WEEKLY MOMENTUM INDICATOR
With the market closing above the VC Weekly Price Momentum Indicator of 1329 it confirms that the price momentum is bullish.

VC CODE WEEKLY CODE PRICE INDICATOR
Cover short on corrections at the 1314 to 1.290 levels and go long on a weekly reversal stop. If long, use the 1290 level as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the 1353 and 1.368 levels during the week.


SILVER
WEEKLY MOVING AVERAGES
The December Silver futures contract closed at 21.80. The market closing above the 18 day MA (2146) is confirmation that the trend momentum is bullish. A close below the 18 MA would negate the weekly bullish short-term trend to neutral.

VC CODE WEEKLY MOMENTUM INDICATOR
With the market closing above the VC Weekly Price Momentum Indicator of 21.75, it confirms that the price momentum is bullish.

VC CODE WEEKLY PRICE INDICATOR
Cover short on corrections at the 21.56 to 21.38 levels and go long on a weekly reversal stop. If long, use the 22.62 level as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the 22.21 and 22.63 levels during the week.


B POUND
WEEKLY MOVING AVERAGES
The B Pound – PA Index contract closed at 161.40. The market closing above the 18 day MA (154.95) is confirmation that the trend momentum is bullish. A close below the 18 MA would negate the weekly bullish short-term trend to neutral.

VC CODE WEEKLY MOMENTUM INDICATOR
With the market closing above the VC Weekly Price Momentum Indicator of 160.81 it confirms that the price momentum is bullish.

VC CODE WEEKLY PRICE INDICATOR
Cover short on corrections at the 160.15 to 158.90 levels and go long on a weekly reversal stop. If long, use the 158.90 level as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the 162.06 to 162.72 levels during the week.


EURO
WEEKLY MOVING AVERAGES
The Euro – PA Index contract closed at 135.23. The market closing above the 9 day MA (133.43) is confirmation that the trend momentum is bullish. A close below the 18 MA would negate the weekly bullish short-term trend to neutral.

VC CODE WEEKLY MOMENTUM INDICATOR
With the market closing above the VC Weekly Price Momentum Indicator of 135.18, it confirms that the price momentum is bullish.

VC CODE WEEKLY PRICE INDICATOR
Cover short on corrections at the 134.70 to 134.18 levels and go long on a weekly reversal stop. If long, use the 134.18 level as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the 135.70 to 136.18 levels during the week.


AUSTRALIAN DOLLAR
WEEKLY MOVING AVERAGES
The Australian dollar – PA Index contract closed at 93.17. The market closing above the 18 MA (92.24) is confirmation that the trend momentum is bullish. A close below the 18 MA would negate the weekly bullish trend to neutral.

VC CODE WEEKLY MOMENTUM INDICATOR
With the market closing below the VC Weekly Price Momentum Indicator of 93.89, it confirms that the price momentum is neutral.

VC CODE WEEKLY PRICE INDICATOR
Cover shorts on corrections at the 93.22 to 93.26 levels and go long on a weekly reversal stop. If long, use the 93.26 level as a Stop Close Only and Good Till Cancelled order. Look to take some profits, if long, as we reach the 93.85 to 94.52 levels during the week.


E MINI S&P 500
WEEKLY MOVING AVERAGES
The Dec E Mini futures contract closed at 1.686. The market closing above the 18 day MA (1.649) is confirmation that the trend momentum is bullish. A close below the 18 MA would negate the weekly bullish short-term trend to neutral.

VC CODE WEEKLY MOMENTUM PRICE INDICATOR
With the market closing below the VC Weekly Price Momentum Indicator of 1.691, it confirms that the price momentum is bearish.

VC CODE WEEKLY PRICE INDICATOR
Cover short on corrections at the 1.675 to 1.663 levels and go long on a weekly reversal stop. If long, use the 1.663 level as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the 1.703 to 1.719 levels during the week.


SOYBEANS
WEEKLY MOVING AVERAGES
The Nov Soybeans futures contract closed at 13.20. The market closing above the 9 day MA (12.86) is confirmation that the trend momentum is bullish. A close below the 9 MA would negate the weekly bullish short-term trend to neutral.

VC CODE WEEKLY MOMENTUM INDICATOR
With the market closing above the VC Weekly Price Momentum Indicator of 13.18, it confirms that the price momentum is bearish.

VC CODE WEEKLY PRICE INDICATOR
Cover short on corrections at the 13.07 to 12.95 levels and go long on a weekly reversal stop. If long, use the 12.95 level as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the 13.30 to 13.41 levels during the week.


CRUDE OIL
WEEKLY MOVING AVERAGES
The October Crude Oil contract closed at 102.78. The market closing above the 18 MA (101.96) is confirmation that the trend momentum is bullish. A close below the 18 MA would negate the weekly bullish trend to neutral.

VC CODE WEEKLY MOMENTUM INDICATOR
With the market closing below the VC Weekly Price Momentum Indicator of 103.36, it confirms that the price momentum is bearish.

VC CODE WEEKLY PRICE INDICATOR
Cover shorts on corrections at the 101.61 to 100.45 levels and go long on a weekly reversal stop. If long, use the 100.45 level as a Stop Close Only and Good Till Cancelled order. Look to take some profits, if long, as we reach the 104.53 to 106.29 levels during the week.


Disclaimer: Trading Derivatives, Financial Instruments And Precious Metals Involves Significant Risk Of Loss And Is Not Suitable For Everyone. Past Performance Is Not Necessarily Indicative Of Future Results.