Do you wish to become an independent trader and bring back the smile of trading forex, Comex signal again in your life?

1. www.trifidresearch.sg | Email id: info@trifidresearch.sg | WhatsApp: +91-7400-600-500
Daily Market Reflection
25th
October 2017
Commodity Market Outlook
Fundamental News
Gold prices edged higher on Tuesday, but stayed within sight of the
prior session's 2-week lows as markets continued to grapple with
uncertainty over who will become the next Federal Reserve chief and
how that will influence the outlook for interest rates.
Crude oil prices held steady, as investors looked ahead to weekly data
from the U.S. on stockpiles of crude and refined products. Oil
prices eked out a small gain as traders weighed disruptions in Iraqi oil
production and a drop in U.S. drilling activity.
 Gold prices edge higher but stay within sight of 2-week lows
 Crude oil prices steady as focus shifts to U.S. stockpile data
 Dollar steady amid fed leader speculation
 Sterling hit lower in early session, Kiwi has weakened broadly
Event Calendar (25th October 2017)
Time Currency Event Forecast Previous
06:00AM AUD CPI q/q 0.8% 0.2%
06:00AM AUD Trimmed Mean CPI q/q 0.5% 0.5%
02:00PM GBP Prelim GDP q/q 0.3% 0.3%
06:00PM USD
Core Durable Goods Orders
m/m
0.5% 0.5%
07:30PM CAD
BOC Monetary Policy
Report
07:30PM CAD BOC Rate Statement
07:30PM CAD Overnight Rate 1.00% 1.00%
08:00PM USD Crude Oil Inventories -5.7M
08:45PM CAD BOC Press Conference
06:00AM AUD CPI q/q 0.8% 0.2%
COMEX
Commodities
Date Date
% Chg
23-10-17 24-10-17
GOLD 1282.35 1278.14 -0.33%
SILVER 17.10 17.03 -0.41%
CRUDE 52.00 52.21 +0.40%
COPPER 3.2168 3.2174 +0.02%
Global Commodities & Currencies
Commodities/
Currencies
Close
At 5pm
Previous % Chg
LEAD 2503.50 2503.50 0.00%
ALUMINIUM 2157.50 2142.50 +0.70%
ZINC 3180.75 3135.75 +1.44%
NATURALGAS 3.158 2.991 +5.58%
PALLADIUM 964.17 949.95 +1.50%
PLATINUM 923.82 927.20 -0.36%
GBPUSD 1.3168 1.3197 -0.22%
EURUSD 1.1765 1.1749 +0.14%
USDJPY 113.72 113.44 +0.25%
EURJPY 133.79 133.28 +0.38%
GBPJPY 149.79 149.71 +0.05%
GBPCHF 1.2999 1.3001 -0.02%
USDCHF 0.9869 0.9851 +0.18%
USDCAD 1.2654 1.2647 +0.06%
EURGBP 0.8931 0.8902 +0.33%
CHFJPY 115.22 115.17 +0.04%
EURCHF 1.1612 1.1574 +0.33%
AUDUSD 0.7785 0.7808 -0.29%
EURAUD 1.5112 1.5050 +0.41%
GBPAUD 1.6919 1.6905 +0.08%
COMEX GOLD
OUR PREVIOUS CALLS UPDATE
Intraday super star
Date Currency Entry Exit P/L
23/10 EURUSD(S) 1.1727 1.1742 SL
Trifid special
Date Commodity Entry Exit P/L
23/10 GOLD(S) 1273 1278 SL
For our next calls click here……..

2. www.trifidresearch.sg | Email id: info@trifidresearch.sg | WhatsApp: +91-7400-600-500
COMEX Overview
GOLD
Gold bounced back in the previous session and closed above
the $1280 level. Currently trading around $1278 if it breaks
the resistance at $1284 then it may move higher towards its
next resistance at $1290. At the lower side it has a good
support at $1274.
R1 R2 S1 S2
1284 1290 1274 1268
SILVER
Silver recovered the losses in the previous session in line
with gold and closed above $17 level. At present holding the
$17 level it may trade range bound. At the higher side it has
a resistance at $17.25 while at the lower side it has a support
at $16.85.
R1 R2 S1 S2
17.25 17.45 16.85 16.70
CRUDE
Crude oil is trading in a range today with some positive bias
as a decline in the oil exports from Iraq supported the prices.
If it breaks its resistance at $52.40 level then it may move
higher. At the lower end it has a good support at $51.60.
COPPER
Copper moved higher in yesterday’s session over expected
production cut in China. It is expected to trade higher and
may test the resistance at 3.2330 level. While it may take
support at 3.1950 level.
R1 R2 S1 S2
52.40 52.85 51.60 51.35
R1 R2 S1 S2
3.2330 3.2495 3.1950 3.1765

3. www.trifidresearch.sg | Email id: info@trifidresearch.sg | WhatsApp: +91-7400-600-500
Currencies Overview
GBPUSD
GBPUSD is acting in downtrend. Once again price touched
the 1.3228 levels and it is moving downside by chasing
1.3173 level. There is temporary bullish pressure from
downside with moderate support of 1.3166 level. It will
range between 1.3194-1.3155 levels.
R1 R2 S1 S2
1.3194 1.3228 1.3155 1.3141
EURUSD
EURUSD is in sideways. It is ranging between 1.1773-1.1746
to go more upside pair needs to break 1.1773 level otherwise
it will continue to range between these levels because bullish
pressure is present from the downside at 1.1746 level.
R1 R2 S1 S2
1.1773 1.1791 1.1746 1.1728
USDJPY
USDJPY pair is in uptrend, it has broken 113.58 level now it
is moving upside but due to present of bearish pressure it will
try to touch the trend line and then it will continue to go
further upside to 114.14 level.
USDCHF
USDCHF pair is in behaving uptrend. But it is ranging
between 0.9836- 0.9881.there is probability that it can break
0.9881 level and can touch 0.9896 level as resistance. Then it
can range between 0.9869-0.9881 level.
R1 R2 S1 S2
113.78 114.14 113.58 113.24
R1 R2 S1 S2
0.9896 0.9917 0.9858 0.9836

4. www.trifidresearch.sg | Email id: info@trifidresearch.sg | WhatsApp: +91-7400-600-500
Intraday Super Star
(Premium Section)
As GBP/CAD is indicating selling pressure
SELL GBP/CAD BELOW 1.6657 TARGET 1.6637/1.6617/1.6597 SL 1.6677.

5. www.trifidresearch.sg | Email id: info@trifidresearch.sg | WhatsApp: +91-7400-600-500
Trifid Special
(Premium Section)
Gold bounced back sharply and may continue to move higher if it breaks the resistance at $1284.
BUY GOLD ABOVE 1284 TARGET 1289 SL 1279

6. www.trifidresearch.sg | Email id: info@trifidresearch.sg | WhatsApp: +91-7400-600-500
Trifid Research respects and values the Right to Policy of each and every individual. We are esteemed
by the relationship and by becoming our clients; you have a promise from our side that we shall
remain loyal to all our clients and non-clients whose information resides with us. This Privacy Policy
of Trifid Research applies to the current clients as well as former clients. Below are the word by word
credentials of our Privacy Policy:
1. Your information, whether public or private, will not be sold, rented, exchanged, transferred
or given to any company or individual for any reason without your consent.
2. The only use we will be bringing to your information will be for providing the services to you
for which you have subscribed to us.
3. Your information given to us represents your identity with us. If any changes are brought in
any of the fields of which you have provided us the information, you shall bring it to our
notice by either calling us or dropping a mail to us.
4. In addition to the service provided to you, your information (mobile number, E-mail ID etc.)
can be brought in use for sending you newsletters, surveys, contest information, or
information about any new services of the company which will be for your benefit and while
subscribing for our services, you agree that Trifid Research has the right to do so.
5. By subscribing to our services, you consent to our Privacy Policy and Terms of Use.
6. Trifid Research does not guarantee or is responsible in any which way, for the trade
execution of our recommendations, this is the sole responsibility of the client.
7. Due to the market’s volatile nature, the trader may/ may not get appropriate opportunity to
execute the trades at the mentioned prices and Trifid Research hold’s no liability for any
profit/ loss incurred whatsoever in this case.
8. It is the responsibility of the client to view the report timely from our Premium member
section on our website: www.trifidresearch.sg and the same will also be mailed to this
registered email id.
9. Trifid Research does not hold any liability or responsibility of delay in mail delivery of
reports, as this depends on our mail service provider’s network infrastructure.
10. The clients can call us for any query related to buying/selling the securities, based on our
recommendations.
DISCLAIMER