Weekly Futures Swing Trading Instructions: Gold, Silver, GBP, Euro, AUD

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

GOLD
WEEKLY MOVING AVERAGES
The December gold futures contract closed at 1326 . The market closing below the 18 MA (1337) is confirmation that the trend momentum is bearish. A close above the 18 MA would negate the weekly bearish short-term trend to neutral.

VC CODE WEEKLY MOMENTUM INDICATOR
With the market closing below the VC Weekly Price Momentum Indicator of 1331 it confirms that the price momentum is bearish.

VC CODE WEEKLY CODE PRICE INDICATOR
Cover short on corrections at the 1287 to 1.248 levels and go long on a weekly reversal stop. If long, use the 1248 level as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the 1370 to 1.414 levels during the week.


SILVER
WEEKLY MOVING AVERAGES
The December Silver futures contract closed at 21.93. The market closing above the 18 day MA (2150) 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 below the VC Weekly Price Momentum Indicator of 22.20, it confirms that the price momentum is bearish.

VC CODE WEEKLY CODE PRICE INDICATOR
Cover short on corrections at the 20.96 to 19.99 levels and go long on a weekly reversal stop. If long, use the 19.99 level as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the 23.17 to 24.41 levels during the week.


B POUND
WEEKLY MOVING AVERAGES
The B Pound – PA Index contract closed at 160.04. The market closing above the 18 day MA (154.38) 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 below the VC Weekly Price Momentum Indicator of 160.19 it confirms that the price momentum is bearish.

VC CODE WEEKLY PRICE INDICATOR
Cover short on corrections at the 158.75 to 157.45 levels and go long on a weekly reversal stop. If long, use the 157.45 level as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the 161.49 to 162.93 levels during the week.

EURO
WEEKLY MOVING AVERAGES
The Euro – PA Index contract closed at 135.25. The market closing above the 9 day MA (133.16) 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 134.63, it confirms that the price momentum is bearish.

VC CODE WEEKLY PRICE INDICATOR
Cover short on corrections at the 133.93 to 132.62 levels and go long on a weekly reversal stop. If long, use the 132.62 level as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the 135.94 to 136.64 levels during the week.


AUSTRALIAN DOLLAR

WEEKLY MOVING AVERAGES
The Australian dollar – PA Index contract closed at 94.05. The market closing above the 18 MA (92.43) 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 at the VC Weekly Price Momentum Indicator of 94.05, it confirms that the price momentum is neutral.

VC CODE WEEKLY PRICE INDICATOR
Cover shorts on corrections at the 93.08 to 92.11 levels and go long on a weekly reversal stop. If long, use the 92.11 level as a Stop Close Only and Good Till Cancelled order. Look to take some profits, if long, as we reach the 95.02 to 95.99 levels during the week.


E MINI S&P 500

WEEKLY MOVING AVERAGES
The Dec E Mini futures contract closed at 1.704. The market closing above the 18 day MA (1.647) 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 1.706, it confirms that the price momentum is bearish.

VC CODE WEEKLY PRICE INDICATOR
Cover short on corrections at the 1.686 to 1.667 levels and go long on a weekly reversal stop. If long, use the 1.667 level as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the 1.725 to 1.745 levels during the week.


SOYBEANS
WEEKLY MOVING AVERAGES

The Nov Soybeans futures contract closed at 13.16. The market closing above the 9 day MA (12.89) 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 below the VC Weekly Price Momentum Indicator of 13.34, it confirms that the price momentum is bearish.

VC CODE WEEKLY PRICE INDICATOR
Cover short on corrections at the 12.94 to 12.71 levels and go long on a weekly reversal stop. If long, use the 12.71 level as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the 13.55 to 13.97 levels during the week.


CRUDE OIL
WEEKLY MOVING AVERAGES
The October Crude Oil contract closed at 104.81. The market closing below the 9 MA (106.98) is confirmation that the trend momentum is bearish. A close above the 9 MA would negate the weekly bearish trend to neutral.

VC CODE WEEKLY MOMENTUM INDICATOR
With the market closing above the VC Weekly Price Momentum Indicator of 102, it confirms that the price momentum is bullish.

VC CODE WEEKLY PRICE INDICATOR
Cover shorts on corrections at the 103.42 to 102.04 levels and go long on a weekly reversal stop. If long, use the 102.04 level as a Stop Close Only and Good Till Cancelled order. Look to take some profits, if long, as we reach the 107.17 to 109.54 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.