COMEX Gold Update
Daily Futures Commentaries: [Comex Gold] 20/9/2018 - Closed higher on weak USD
InvestorsDoctor
Publish date: Thu, 20 Sep 2018, 10:23 AM
InvestorsDoctor
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20/9/2018
*Gold Dec 18*
Previous Close: 1208.3 +5.8
Gold rose for another day on weakening USD. Watch out for FOMC meeting om 25 & 26 Sept.
Hourly chart showed gold testing rebound but overall in a sideway range, wait for more breakout.
*Classic Support & Resistance*
Resistance: 1213.8 1218 1220.7
Support: 1205.7 1200.3
*Recommend Trading Plan for the day:*
1. Buy 1211.1, stop 1209.3, profit 1212.9/1214.7.
*Margin Requirement (per lot)*
USD 3410
Micro: USD 341
Disclaimer: Idea sharing only, trade at your own risk.
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