COMEX Gold Update

Daily Futures Commentaries: [Comex Gold] 21/9/2018 - Close to 1 week high, more upside ahead?

InvestorsDoctor
Publish date: Fri, 21 Sep 2018, 10:34 AM
InvestorsDoctor
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21/9/2018

*Gold Dec 18*

Previous Close: 1211.3 +3

Gold hit its highest in nearly a week yesterday as USD slumped on fading trade war tension.

Hourly chart showed gold testing rebound but overall in a sideway range, wait for more breakout.

*Classic Support & Resistance*
Resistance: 1218 1220.7 1225.6
Support: 1207.6 1205.1 1200.3

*Recommend Trading Plan for the day:*
1. Look for buy signal above 1214.9.

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

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

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