COMEX Gold Update
Daily Futures Commentaries: [Comex Gold] 15/8/2018 - Technical rebound last night, but continue to break lower later on stronger USD
InvestorsDoctor
Publish date: Wed, 15 Aug 2018, 11:28 AM
InvestorsDoctor
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15/8/2018
Gold Dec 18
Previous Close: 1200.7 -1.8
Gold pulled back to above 1200 yesterday on technical rebound, but USD today continue to go strong, pushed gold even lower.
Daily & hourly charts formed lower high & low waves, more to bearish, but be cautious of potential technical rebound from RSI oversold.
Classic Support & Resistance
Resistance: 1205.8 1217.2
Support: 1184 1174.7
Recommend Trading Plan for the day:
1. Sell 1195, stop 1196.6, profit 1193.4/1191.8.
Margin Requirement (per lot)
USD 3410
Micro: USD 341
Disclaimer: Idea sharing only, trade at your own risk.
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