COMEX Gold Update

Daily Futures Commentaries: [Comex Gold] 13/6/2018 - Market stay cautious ahead of this week's FOMC meeting

InvestorsDoctor
Publish date: Wed, 13 Jun 2018, 11:46 AM
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13/6/2018

*Gold Aug 18*

Previous Close: 1299.4 -2.8

Gold remains in tight range as market stay cautious ahead of FOMC meeting. Watch out for FOMC meeting result at 2am tomorrow and conference at 230am.

Daily & hourly charts in sideway, wait for breakout.

*Classic Support & Resistance*
Resistance: 1307.8 1312.2
Support: 1296 1291.4

*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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