COMEX Gold Update

Daily Futures Commentaries: [Comex Gold] 9/10/2018 - Strong USD pushed down gold to below 1190

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Publish date: Tue, 09 Oct 2018, 11:47 AM
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9/10/2018

 
*Gold Dec 18*
 
Previous Close: 1188.6 -17
 
Gold fell more than 1% as USD up higher.
 
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 1220.7
Support: 1184.3 1167.1
 
 *Recommend Trading Plan for the day:* 
1. Buy 1194.8, stop 1192.5, profit 1197.1/1199.4.
 
 *Margin Requirement (per lot)* 
USD 3410 
Micro: USD 341
 
Disclaimer: Idea sharing only, trade at your own risk.
 
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