COMEX Gold Update
Daily Futures Commentaries: [Comex Gold] 3/10/2018 - Strong rebound to above 1200
InvestorsDoctor
Publish date: Wed, 03 Oct 2018, 11:54 AM
InvestorsDoctor
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3/10/2018
*Gold Dec 18*
Previous Close: 1207 +15.3
Gold edged up strongly yesterday, back to above 1200, but upside likely limited by firm USD.
Hourly chart showed a technical rebound to test resistance, break out above 1220.7 will trigger further upside, as for now still in a sideway range.
*Classic Support & Resistance*
Resistance: 1215.8 1220.7
Support: 1205.3 1192.6
*Recommend Trading Plan for the day:*
1. Buy 1212.4, stop 1210.7, profit 1214.1/1215.8.
2. Look for sell signal below 1205.3.
*Margin Requirement (per lot)*
USD 3410
Micro: USD 341
Disclaimer: Idea sharing only, trade at your own risk.
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