COMEX Gold Update

Daily Futures Commentaries: [Comex Gold] 3/9/2018 - Strong USD keep gold in range

InvestorsDoctor
Publish date: Mon, 03 Sep 2018, 11:06 AM
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3/9/2018

*Gold Dec 18*

Previous Close: 1206.9 +1.1

Gold traded in range on last week as strong USD still weighed on the price.

Hourly chart showed gold remains in correction stage, wait for more breakout signal.

*Classic Support & Resistance*
Resistance: 1214.9 1220.7 1225.6
Support: 1189.5 1178.5

*Recommend Trading Plan for the day:*
1. Look for sell signal below 1201.2.

*Margin Requirement (per lot)*
USD 3410
Micro: USD 341

Disclaimer: Idea sharing only, trade at your own risk.

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