COMEX Gold Update
Daily Futures Commentaries: [Comex Gold] 24/9/2018 - Rebound end as strong USD weighed down gold price
InvestorsDoctor
Publish date: Mon, 24 Sep 2018, 10:11 AM
InvestorsDoctor
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24/9/2018
*Gold Dec 18*
Previous Close: 1201.3 -10
Gold eased sharply to retest 1200 on strengthening USD. Watch out for FOMC meeting this week 25 & 26 Sept.
Daily & hourly charts showed gold move in a wide range, wait for more breakout signal.
*Classic Support & Resistance*
Resistance: 1213.8 1218 1220.7
Support: 1205.7 1200.3
*Recommend Trading Plan for the day:*
1. Look for sell signal below 1199.8.
2. Look for rebound buy signal above 1205.6.
*Margin Requirement (per lot)*
USD 3410
Micro: USD 341
Disclaimer: Idea sharing only, trade at your own risk.
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