COMEX Gold Update
Daily Futures Commentaries: [Comex Gold] 18/1/2019 - Trade within range of triangle pattern, wait for breakout
InvestorsDoctor
Publish date: Fri, 18 Jan 2019, 11:23 AM
InvestorsDoctor
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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
2019-01-18 11:55