COMEX Gold Update

11 Nov - COMEX Gold, The Current Awaiting Confirmation

InvestorsDoctor
Publish date: Fri, 10 Nov 2017, 02:20 PM
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10/11/2017
 
Gold Dec 17
 
Previous close: 1287.5 +3.8
 
 
Gold closed higher for another day, pushed up by weaker USD and uncertainty over the fate of US tax reform plans.
 
Hourly chart formed several higher highs & lows and move at upper BB, show that gold continues its rebound stage, but be cautious as RSI & MACD going down.
 
Price level to watch out today:
Resistance 1289.50 1293
Support 1285.20 1282.20
 
Recommended Trading Plan Today:
1. Watch out for buy signal above higher high 1289.50.
 
Margin Requirement (per lot)
USD 5390 
Micro: USD 539
 

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