COMEX Gold Update
Daily Futures Commentaries: [Comex Gold] 5/10/2018 - In sideway, but sustain above 1200 over weakness of US stock market
InvestorsDoctor
Publish date: Fri, 05 Oct 2018, 11:25 AM
InvestorsDoctor
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5/10/2018
*Gold Dec 18*
Previous Close: 1201.6 -1.3
Gold was slightly changed in a sideway yesterday, manage to sustain above 1200 after a 200pts losses in stock market.
Daily & hourly charts showed a sideway to lower trend as technical indicators trending downside, wait for more breakout signal.
*Classic Support & Resistance*
Resistance: 1212.3 1218
Support: 1192.6 1184.3
*Recommend Trading Plan for the day:*
1. Look for buy signal above 1204.3.
2. Look for sell signal below 1199.6.
*Margin Requirement (per lot)*
USD 3410
Micro: USD 341
Disclaimer: Idea sharing only, trade at your own risk.
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