Highlights

COMEX Gold Update

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

 

Daily Futures Commentaries: [Comex Gold] 30/12/2019 - Hit 2 month high, above 1520 for more upside

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30/12/2019
 
*Gold Feb 20*
 
Previous Close: 1518.1 +3.7
 
Gold steadied after rising to its highest in nearly 2 months on last Friday.
 
Hourly chart continue to rebound, above 1520 to trigger more upside.
 
*Classic Support & Resistance* 
Resistance: 1525 1530
Support:  1511 1507
 
*Recommend Trading Plan for the day:* 
1. Buy 1520, stop 1518.7, profit 1521.3/1522.6/1523.9
 
*Margin Requirement (per lot)* 
USD 4950
Micro: USD 495
 
Disclaimer: For idea sharing only, trade at your own risk
 
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