Weekly Market Trade Plan for Gold: January 16th

This article was originally published on Nadex.com.

Jack Gleason founder of Major League Trading.com reviews his trade plan focusing on the gold market this week identifying trading levels that he will be watching for possible trading opportunities and covering upcoming news that could potentially impact markets.

With this weeks trade plan focus on gold, the most significant news event of the week will come Wednesday for the USDCAD where we have Bank Of Canada Rate statements. Gold imports surged 74% in December and gold has broken out and rallied over 35 points from the low of Wednesday 1/10/18. I'm looking for potential support levels to trade this week at the 1336.8 & 1326.3 price levels.

Get more of today’s market news & video at Nadex.com.