COMEX Gold Update
Daily Futures Commentaries: [Comex Gold] 6/6/2018 - Market stay cautious ahead of possible interest hike
InvestorsDoctor
Publish date: Wed, 06 Jun 2018, 11:21 AM
InvestorsDoctor
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6/6/2018
*Gold Aug 18*
Previous Close: 1302.2 +4.9
Gold increased on yesterday as USD retreated slightly from close to a 6 month high even as strong US economic data supported the interest rates hike.
Daily & hourly chart move into a sideway 1291.4-1307.2, wait for breakout.
*Classic Support & Resistance*
Resistance: 1307.2 1312.2
Support: 1291.4 1286.7
*Recommend Trading Plan for the day:*
1. Trade in range 1290-1310.
*Margin Requirement (per lot)*
USD 3410
Micro: USD 341
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