Highlights

COMEX Gold Update

Author: InvestorsDoctor   |   Latest post: Mon, 17 Jun 2019, 11:10 AM

 

Daily Futures Commentaries: [Comex Gold] 14/5/2019 - Double bottom in daily chart, triggered more upside

Author:   |    Publish date:




14/5/2019
 
*Gold Jun 19*
 
Previous Close: 1301.8 +16.6
 
Gold rose strongly to above 1300 level yesterday as escalating US-China trade war outweighed higher USD. 
 
Daily chart formed a double bottom bullish pattern, may test 38.2-61.8 Fibo retracement level of swing 1349.8-1267.3.
 
*Classic Support & Resistance* 
Resistance: 1314.7 1324.5
Support:  1278.1 1267.3
 
*Recommend Trading Plan for the day:* 
1. Buy 1300.4, stop 1299.2, profit 1301.6/1302.8
2. Look for buy signal above 1304.2
3. Look for correction sell signal below 1295
 
*Margin Requirement (per lot)* 
USD 3740
Micro: USD 374
 
Join us to discuss & trade together FKLI, FCPO, WTI Crude Oil, Comex Gold, Mini Dow Jones etc Futures markets !!!
 
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://www.facebook.com/investorsdoctoracademy
 
Or reach out to our contact number IDA Investors Doctor Academy
+601153537589
Share this

  Be the first to like this.
 


 

227  360  526  1061 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 HSI-C5P 0.23-0.01 
 GREATEC 0.895+0.085 
 HSI-H6P 0.32+0.01 
 HSI-C5J 0.145-0.015 
 HSI-H6Q 0.475+0.015 
 HSI-H6N 0.195+0.01 
 EKOVEST 0.830.00 
 MYEG 1.39-0.05 
 LAMBO 0.060.00 
 HPMT 0.45-0.045 
Partners & Brokers