COMEX Gold Update

Daily Futures Commentaries: [Comex Gold] 26/9/2018 - Trade with cautious ahead of FOMC meeting result

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Publish date: Wed, 26 Sep 2018, 10:39 AM
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26/9/2018

 
*Gold Dec 18*
 
Previous Close: 1205.1 +0.7
 
Gold steadied on yesterday as market stay cautious ahead of FOMC meeting result. FOMC statement will be released on 2am tomorrow.
 
Daily & hourly charts showed gold move in a wide range, wait for more breakout signal.
 
*Classic Support & Resistance* 
Resistance: 1215.8 1220.7
Support: 1196 1192.7 1189.5
 
 *Recommend Trading Plan for the day:* 
1. Trade in range 1196-1216.
 
 *Margin Requirement (per lot)* 
USD 3410 
Micro: USD 341
 
Disclaimer: Idea sharing only, trade at your own risk.
 
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