COMEX Gold Update

Daily Futures Commentaries: [Comex Gold] 4/9/2018 - In range during US holiday but strong USD likely to limit its upside

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Publish date: Tue, 04 Sep 2018, 10:36 AM
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4/9/2018

 
Gold Dec 18
 
Previous Close: 1206.7 +0
 
Gold mostly unchanged during US holiday but upside likely limited by strong USD.
 
Hourly chart showed gold remains in correction stage, wait for more breakout signal.
 
Classic Support & Resistance 
Resistance: 1214.9 1220.7 
Support: 1201.2 1189.5 
 
 Recommend Trading Plan for the day: 
1. Trade in range 1200-1210, wait for breakout.
 
 Margin Requirement (per lot) 
USD 3410 
Micro: USD 341
 
Disclaimer: Idea sharing only, trade at your own risk.
 
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