COMEX Gold Update
Daily Futures Commentaries: [Comex Gold] 11/7/2018 - Slip on USD rebound
InvestorsDoctor
Publish date: Wed, 11 Jul 2018, 11:49 AM
InvestorsDoctor
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11/7/2018
*Gold Aug 18*
Previous Close: 1255.4 -4.2
Gold fell on yesterday as weighed down by a stronger USD.
Daily chart show gold unable to test above middle line of BB, no confirm rebound signal yet, while hourly chart show retracement to test Fibo 38.2.
*Classic Support & Resistance*
Resistance: 1261 1266.9
Support: 1246.9 1238.8
*Recommend Trading Plan for the day:*
1. Look for buy signal above 1252.6.
2. Look for sell signal below 1249.2.
*Margin Requirement (per lot)*
USD 3410
Micro: USD 341
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