COMEX Gold Update

{GOLD Trading Plan] - Buy With Cautious

InvestorsDoctor
Publish date: Thu, 28 Dec 2017, 11:28 AM
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28/12/2017
 
Gold Feb 18
 
 
Previous close: 1291.4 +3.9
 
Gold rose on weakening dollar and slightly lower than expected US economic data yesterday, likely continue to test 1300 level.
 
Hourly chart show trend more to bullish, but watch out for potential short term correction as divergence between RSI/MACD and candlesticks.
 
Price level to watch out today:
Resistance 1299
Support 1290.5 1286
 
Recommended Trading Plan Today:
1. Buy 1293.2, stop 1290.4, profit 1296.
2. Watch out for lower highs & lows sell signal.
 
Margin Requirement (per lot)
USD 4400 
Micro: USD 440
 
Disclaimer: Idea for sharing purpose, trade at your own risk.
 

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