COMEX Gold Update
02 Nov - Comex Gold Retraced From High as Fed Keep Rate Unchanged
InvestorsDoctor
Publish date: Thu, 02 Nov 2017, 04:42 PM
InvestorsDoctor
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02/11/2017
Gold Dec 17
Previous closed: 1277.3 -0.1
Gold closed with nearly no changes after the Federal Reserve said it will keep target interest rates unchanged for the time being.
Based on hourly chart, technical indicators (RSI, MACD, BB) crossing up, may trigger further rebound signal. Fibo analysis of recent swing show the price now testing 0.618 level.
Price level to watch out today:
Resistance 1283.8 1285.3 1292.9
Support 1276.2 1269.8 1262.8
Recommended Trading Plan Today:
1. Wait for further entry signal
Margin Requirement (per lot)
USD 5390
Micro: USD 539
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