Rajandran R Founder of Marketcalls and Co-Founder Algomojo. Full-Time Derivative Trader. Expert in Designing Trading Systems (Amibroker, Ninjatrader, Metatrader, Python, Pinescript). Trading the markets since 2006. Mentoring Traders on Trading System Designing, Market Profile, Orderflow and Trade Automation.

Dow Jones and MCX Gold Positional Trend Update

30 sec read

Dow Jones

Dow Jones on the hourly charts turned to sell mode on last friday with resistance coming around 15743.Reverse your position to positional buy mode if resistance breaks on the upper side. Visit here for Dowjones Live charts

MCX Gold

 
MCX Gold on the hourly charts turned to sell mode on last Friday with resistance coming around 27749. Reverse your position to positional buy mode if resistance breaks on the upper side

Top Stories

-The Fed’s two-day policy meeting kicks off on Tuesday. The Bank of England and European Central Bank also hold policy meetings this week.
-JPMorgan Chase & Co is exiting physical commodities trading, the bank said in a surprise statement on Friday, as Wall Street’s role in the trading of raw materials comes under unprecedented political and regulatory pressure.
-RBI rate decision will be out this Tuesday.

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Rajandran R Founder of Marketcalls and Co-Founder Algomojo. Full-Time Derivative Trader. Expert in Designing Trading Systems (Amibroker, Ninjatrader, Metatrader, Python, Pinescript). Trading the markets since 2006. Mentoring Traders on Trading System Designing, Market Profile, Orderflow and Trade Automation.

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