COMEX Gold Update
11 Oct - COMEX Gold Rebound from Geopolitical Tensions
InvestorsDoctor
Publish date: Wed, 11 Oct 2017, 02:31 PM
InvestorsDoctor
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10/10/2017
Gold Dec 17
Yesterday close: 1293.8 +8.8
Gold continue to break higher, supported by a softer dollar and geopolitical tensions in Spain and North Korea, though gains were capped by expectations of another US interest rate hike.
Hourly chart show gold price retrace from high of 1296.7, may go test support of 1287.8. Wait for further entry signal.
Price Level to monitor today:
Resistance 1296.70 1301,
Support 1287.80 1284.50 1281.80
Recommend Trading Plan for the day:
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Margin Requirement
USD 5390
Micro: USD 539
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