COMEX Gold Update

Daily Futures Commentaries: [Comex Gold] 13/7/2018 - Entering sideway

InvestorsDoctor
Publish date: Fri, 13 Jul 2018, 11:00 AM
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13/7/2018

 
*Gold Aug 18*
 
Previous Close: 1246.6 +2.2
 
Gold ended slightly higher on yesterday after USD eased off from high.
 
Daily & hourly charts show gold entering sideway, wait for breakout.
 
*Classic Support & Resistance*
Resistance: 1257.3 1266.9
Support: 1238.8 1227.5
 
 *Recommend Trading Plan for the day:*
1. Look for buy signal above 1248.8.
2. Look for sell signal below 1245.5.
 
 *Margin Requirement (per lot)*
USD 3410
Micro: USD 341
 
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