COMEX Gold Update
Daily Futures Commentaries: [Comex Gold] 15/10/2018 - Retreat from 2 month high as stock market rebound
InvestorsDoctor
Publish date: Mon, 15 Oct 2018, 11:35 AM
InvestorsDoctor
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15/10/2018
*Gold Dec 18*
Previous Close: 1227.6 +34.2
Gold pulled back from 2 month high as stock market recovered.
Daily chart showed gold sustain above sideway, likely continue to test rebound while hourly chart showed gold entering sideway after a strong gain, wait for breakout.
*Classic Support & Resistance*
Resistance: 1230 1237.8
Support: 1219.3 1208.6
*Recommend Trading Plan for the day:*
1. Buy 1225.3, stop 1224, profit 1226.6/1227.9.
*Margin Requirement (per lot)*
USD 3410
Micro: USD 341
Disclaimer: Idea sharing only, trade at your own risk.
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