Dow Updates

Daily Futures Commentaries: [Comex Gold] 7/3/2019 - Entered sideway, wait for breakout 1282-1292

InvestorsDoctor
Publish date: Thu, 07 Mar 2019, 11:32 AM
InvestorsDoctor
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7/3/2019

 
*Gold Apr 19*
 
Previous Close: 1287.6 +2.9
 
Gold held steady yesterday as the USD retreated slightly and stocks edged lower.
 
Hourly chart showed gold entered sideway from 1282-1292, wait for breakout.
 
*Classic Support & Resistance* 
Resistance: 1291.8 1298.1
Support: 1282 1275.3
 
*Recommend Trading Plan for the day:* 
1. Trade in range 1282-1292.
 
*Margin Requirement (per lot)* 
USD 3740
Micro: USD 374
 
Disclaimer: Idea sharing only, trade at your own risk.
 
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