Highlights

COMEX Gold Update

Author: InvestorsDoctor   |   Latest post: Wed, 20 Feb 2019, 11:31 AM

 

Daily Futures Commentaries: [Comex Gold] 18/1/2019 - Trade within range of triangle pattern, wait for breakout

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18/1/2019

Gold Feb 19
 
Previous Close: 1292.3 -1.5
 
Gold remain in tight range yesterday but slightly lower as weighed down by a rebound in US stock market & USD. 
 
Hourly chart showed gold move in triangle sideway pattern, wait for breakout.
 
Classic Support & Resistance 
Resistance: 1300.4 1313 
Support: 1286.7 1278.1
 
 Recommend Trading Plan for the day: 
1. Trade in range 1280-1300.
 
 Margin Requirement (per lot) 
USD 3740
Micro: USD 374
 
Disclaimer: Idea sharing only, trade at your own risk.
 
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2fast4u comex seems to be going in a good direction
18/01/2019 11:55
InvestorsDoctor Hi @2fast4u !! Gold is in sideway, just break down
22/01/2019 10:41


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