COMEX Gold Update
Daily Futures Commentaries: [Comex Gold] 11/10/2018 - Slightly higher as USD weakened after US stock market tumble
InvestorsDoctor
Publish date: Thu, 11 Oct 2018, 11:45 AM
InvestorsDoctor
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11/10/2018
*Gold Dec 18*
Previous Close: 1193.4 +1.9
Gold inched up yesterday after the USD weakened and global stocks tumbled on the back of rising bond yields.
Daily & hourly charts showed a sideway while technical indicators testing to cross up, 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. Look for technical rebound buy signal above 1198.6.
2. Look for sell signal below 1194.7.
*Margin Requirement (per lot)*
USD 3410
Micro: USD 341
Disclaimer: Idea sharing only, trade at your own risk.
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