![](/files/my/blog/img/bl3959_gc030718.png)
3/7/2018
Gold Aug 18
Previous Close: 1241.7 -12.8
Gold slipped back towards its lowest in more than 6 months on strong USD.
Daily chart show gold more to bearish as candles break lower low, technical indicators crossing down and there is a potential RSI bearish divergence.
Classic Support & Resistance
Resistance: 1257.1 1269.4
Support: 1227.5 1214
Recommend Trading Plan for the day:
1. Look for sell signal below 1238.8.
2. Look for buy signal above 1243.9.
Margin Requirement (per lot)
USD 3410
Micro: USD 341
Disclaimer: Idea sharing only, trade at your own risk.
Join our channels to find out more!
Telegram link:
https://t.me/investorsdoctoracademy