COMEX Gold Update

Daily Futures Commentaries: [Comex Gold] 13/8/2018 - Steady after US double tariffs on Turkey, wait for breakout

InvestorsDoctor
Publish date: Mon, 13 Aug 2018, 12:06 PM
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/



13/8/2018

 
Gold Dec 18
 
Previous Close: 1219 -0.9
 
Gold steadied on last Friday after US announce to double metal tariffs on Turkey.
 
Daily chart showed gold more to bearish as technical indicators trending down, but watch out for potential technical rebound in short term on a RSI bullish divergence. Hourly chart on the other hand showed gold in a sideway, wait for breakout.
 
Classic Support & Resistance 
Resistance: 1228.5 1237.8 
Support: 1212.5 1200
 
 Recommend Trading Plan for the day: 
1. Sell 1215.2, stop 1216.3, profit 1214.1/1213.
 
 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
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment