COMEX Gold Update

Daily Futures Commentaries: [Comex Gold] 20/7/2018 - break lower and rebound after US President disagree Fed plan

InvestorsDoctor
Publish date: Fri, 20 Jul 2018, 11:38 AM
To get timely information on local and foreign futures markets, join us on telegram & Facebook.

Join link: https://t.me/investorsdoctoracademy

Facebook: https://m.facebook.com/investorsdoctoracademy/




20/7/2018

 
*Gold Aug 18*
 
Previous Close: 1224 -3.9
 
Please be noted that Aug 18 contract will be expired by next week, traders may choose to trade Dec 18 contract. Gold once fell to near 1210 last night and rebound after US President Donald Trump said he did not approve of the Federal Reserve raising interest rates again in an interview with CNBC.
 
Daily chart showed more to bearish as indicators trending down, but watch out for potential technical rebound in short term as there is a RSI bullish divergence.
 
*Classic Support & Resistance*
Resistance: 1229.6 1248.8
Support: 1210.7 1194.5
 
 *Recommend Trading Plan for the day:*
1. Look for sell signal below 1215.3.
2. Look for technical rebound buy signal above 1219.3.
 
 *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
 
Facebook link: https://m.facebook.com/investorsdoctoracademy




[Free English Seminar]

期货&原产品投资交易- 赌博?高风险投资?需要大笔资金?

Futures & Commodities Trading - Gambling? High Risk? Require Big Capital?

不对!如果您一直以来有这样的想法,是时候让IDA 破解您对期货交易的迷思和误解!

NO! Time to Crack All The Myths of Trading Commodities Futures!

Myth 1: Trading is all about making Fash-Cash!
Myth 2: You must have perfect timing to pick highs & lows.
Myth 3: You need a lot of money to start strading.
Myth 4: You must know what will happen next.
Myth 5: You can only make money in trending markets or 'easy' market conditions etc............

IDA will make you fully awake and hate yourself for not knowing about futures trading 20-30 years earlier!

Register Now! Whatsapp to 011-5353 7589 OR
Click the link below:
https://goo.gl/forms/shBJRmtlooDpcvyj1
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment