COMEX Gold Update
Daily Futures Commentaries: [Comex Gold] 26/6/2018 - Watch out for daily chart RSI bearish divergence
InvestorsDoctor
Publish date: Tue, 26 Jun 2018, 12:08 PM
InvestorsDoctor
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26/6/2018
*Gold Aug 18*
Previous Close: 1268.9 -1.8
Gold traded mostly in flat but below 1270, slightly bearish, despite US plans to bar Chinese companies from investing in its technology firms.
Daily chart show gold in correction as technical indicators crossing down while candles formed lower highs & lows, and there is a potential RSI bearish divergence.
*Classic Support & Resistance*
Resistance: 1274.4 1286.8
Support: 1252.8 1238.3
*Recommend Trading Plan for the day:*
1. Look for sell signal below 1264.
*Margin Requirement (per lot)*
USD 3410
Micro: USD 341
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Since 14th May 2018 (stock market reopened after 509 GE-14), FKLI Futures dropped nearly 200.5 points from high 1876.5 to recent low 1676!
Simple Calculation:
200.5 x RM 50 per index point = RM 10,025 (Potential Profit!)
Well, NOW is the time for you to understand more about FKLI Trading!
Come & Join us on 14th July 2018 from 2PM to 4PM at SI Academy.
IDA will discover together with You - What is FKLI............
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