28/6/2018
*Gold Aug 18*
Previous Close: 1256.1 -3.8
Gold extended its losses to 6 months low as USD strengthening.
Daily chart show gold more to bearish as technical indicators crossing down while candles formed lower highs & lows, and there is a potential RSI bearish divergence.
*Classic Support & Resistance*
Resistance: 1264.1 1274.4
Support: 1238.3 1227.5
*Recommend Trading Plan for the day:*
1. Look for sell signal below 1252.2.
*Margin Requirement (per lot)*
USD 3410
Micro: USD 341
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