Highlights

COMEX Gold Update

Author: InvestorsDoctor   |   Latest post: Fri, 17 May 2019, 10:19 AM

 

Daily Futures Commentaries: [Comex Gold] 11/1/2019 - Entering sideway, wait for breakout

Author:   |    Publish date:




11/1/2019

 
*Gold Feb 19*
 
Previous Close: 1287.4 -4.6
 
Gold eased on yesterday yet still sustain at around 6 month high as USD and US stock market continue to rebound.
 
Daily chart showed gold remain in rebound stage as technical indicators crossing up but likely to enter sideway in short term as no new breakout from the gold price. Fibo retracement level of swing 1369.4-1167.1 suggested that gold now testing 61.8 level.
 
*Classic Support & Resistance* 
Resistance: 1300.4 1313 
Support: 1278.1 1267.4
 
 *Recommend Trading Plan for the day:* 
1. Look for sell signal below 1286.7.
2. Look for buy signal above 1300.
 
 *Margin Requirement (per lot)* 
USD 3740
Micro: USD 374
 
Disclaimer: Idea sharing only, trade at your own risk.
 
Please SHARE & SUBSCRIBE our YOUTUBE channel for latest FREE futures trading videos !!!
 
https://www.youtube.com/channel/UCnOB_UmIXe3OTE2SgiK9kpg
 
Join our FREE channels to find out more on futures trading !!!
 
Telegram link:
https://t.me/investorsdoctoracademy
 
Facebook link:
https://m.facebook.com/investorsdoctoracademy
 
Or reach out to our contact number +601153537589
Share this

  Be the first to like this.
 


 

180  351  474  1198 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 VC-PA 0.07-0.005 
 LAMBO-WB 0.010.00 
 BARAKAH 0.07-0.015 
 ARMADA 0.1950.00 
 LAMBO 0.065-0.005 
 NIHSIN-WB 0.065-0.005 
 IMPIANA 0.04-0.005 
 KNM 0.185-0.005 
 IOIPG 1.190.00 
 LHI 1.03-0.04 
Partners & Brokers