COMEX Gold Update

Author: InvestorsDoctor   |   Latest post: Tue, 31 Dec 2019, 12:33 PM


Daily Futures Commentaries: [Comex Gold] 10/5/2019 - In sideway, wait for breakout

Author:   |    Publish date:

*Gold Jun 19*
Previous Close: 1285.2 +3.8
Gold rose yesterday as supported by retreat of USD and US-China trade tension. 
4H chart showed a  sideway, wait for breakout.
*Classic Support & Resistance* 
Resistance: 1292.8 1299.1
Support:  1278.1 1267.3
*Recommend Trading Plan for the day:* 
1. Sell 1283.8, stop 1285, profit 1282.6/1281.4
*Margin Requirement (per lot)* 
USD 3740
Micro: USD 374
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