COMEX Gold Update
[Gold] - Rise on Weakening USD
InvestorsDoctor
Publish date: Tue, 02 Jan 2018, 11:41 AM
InvestorsDoctor
0 1,969
To get timely information on local and foreign futures markets, join us on telegram & Facebook.
Join link: https://t.me/investorsdoctoracademy
Facebook: https://m.facebook.com/investorsdoctoracademy/
Join link: https://t.me/investorsdoctoracademy
Facebook: https://m.facebook.com/investorsdoctoracademy/
2/1/2018
Gold Feb 18
Previous close: 1309.3 +12.1
Gold hit a 1 month high on last week and ended the year with its biggest annual rise since 2010 as weakening dollar, political tensions and receding concerns over the impact of US interest rate hikes fed into its rally.
Hourly chart show more to bullish technical indicators, price likely to go higher, but be cautious as RSI in overbought now, may trigger a short term correction.
Price level to watch out today:
Resistance 1319.8
Support 1204.3 1298.4
Recommended Trading Plan Today:
1. Buy higher high 1309.9, stop 1307.2, profit 1312.6.
2. Sell 1307.2 for overbought correction, stop 1309.9, profit 1304.5.
Margin Requirement (per lot)
USD 4400
Micro: USD 440
Disclaimer: Idea for sharing purpose, trade at your own risk.
To get more information on local and foreign futures markets, join us on telegram & Facebook.
Join link: https://t.me/investorsdoctoracademy
Facebook: https://m.facebook.com/investorsdoctoracademy/
More articles on COMEX Gold Update
Daily Futures Commentaries: [Comex Gold] 23/12/2019 - Move in range, wait for more breakout
Created by InvestorsDoctor | Dec 23, 2019
Daily Futures Commentaries: [Comex Gold] 20/12/2019 - Move in range, wait for more breakout
Created by InvestorsDoctor | Dec 20, 2019
Daily Futures Commentaries: [Comex Gold] 19/12/2019 - Move in range, wait for more breakout
Created by InvestorsDoctor | Dec 19, 2019
Daily Futures Commentaries: [Comex Gold] 18/12/2019 - Move in range, wait for more breakout
Created by InvestorsDoctor | Dec 18, 2019
Daily Futures Commentaries: [Comex Gold] 17/12/2019 - Move in range, wait for more breakout
Created by InvestorsDoctor | Dec 17, 2019
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment
Featured Posts
New Update. Discover investment communities that resonate with your ideas
Apps
Top Articles
1
https://dividendguy67.blogspot.com
3
4
Good Articles to Share
Could Kamala Harris beat Donald Trump in November's presidential race?
5
Good Articles to Share
Iranian warship capsizes during repairs in port of Bandar Abbas
6
Good Articles to Share
7
Good Articles to Share
Jonathan Turley unveils exciting new book 'Free Speech in the Age of Rage'
8
Good Articles to Share
Why Impossible Foods signed hot dog-eating legend Joey Chestnut #yahoofinance #youtubeshorts
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
MQ Trading Signals
Stock
Time
Signal
Duration
No trading signals available.
Stock
Time
Signal
Duration
No trading signals available.
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
