COMEX Gold Update

Daily Futures Commentaries: [Comex Gold] 30/7/2018 - Continue in sideway after strong US economic data

InvestorsDoctor
Publish date: Mon, 30 Jul 2018, 10:59 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/




30/7/2018

 
*Gold Dec 18*
 
Previous Close: 1232.7 -2.6
 
Gold slipped slightly last Friday after a strong economic data supported USD.
 
Daily chart's technical indicators pointed more to downside but testing for a technical rebound from potential RSI bullish divergence. Hourly chart showed gold in a sideway, wait for breakout.
 
*Classic Support & Resistance*
Resistance: 1244.7 1259.5
Support: 1221 1210
 
 *Recommend Trading Plan for the day:*
1. If price rebound 1st, sell 1229.9, stop 1231.1, profit 1228.7/1227.5.
 
 *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




Register Now! Click the link below:
https://goo.gl/forms/g1DZeOIAyw7KNsFt2
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment