COMEX Gold Update

Daily Futures Commentaries: [Comex Gold] 19/9/2018 - Lower on steadied USD after trade war escalate

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Publish date: Wed, 19 Sep 2018, 10:09 AM
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19/9/2018

 
*Gold Dec 18*
 
Previous Close: 1202.9 -2.9
 
Gold fell on yesterday as USD steadied amid of trade war tension. Market continue to stay cautious ahead of FOMC meeting. 
 
Hourly chart showed gold remains in correction stage, wait for more breakout signal.
 
*Classic Support & Resistance* 
Resistance: 1209.7 1213.8
Support: 1197.5 1192.7
 
 *Recommend Trading Plan for the day:* 
1. Wait for more breakout signal.
 
 *Margin Requirement (per lot)* 
USD 3410 
Micro: USD 341
 
Disclaimer: Idea sharing only, trade at your own risk.
 
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