COMEX Gold Update
Daily Futures Commentaries: [Comex Gold] 19/10/2018 - Firm against strong USD as supported by weak stock market
InvestorsDoctor
Publish date: Fri, 19 Oct 2018, 11:22 AM
InvestorsDoctor
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19/10/2018
*Gold Dec 18*
Previous Close: 1230.1 +4.6
Gold settled higher despite a stronger USD yesterday as supported by weakening stock market.
Hourly chart showed gold in a sideway range, wait for breakout.
*Classic Support & Resistance*
Resistance: 1237.8 1244.6
Support: 1219.3 1205.3
*Recommend Trading Plan for the day:*
1. Look for buy signal above 1233.6.
*Margin Requirement (per lot)*
USD 3740
Micro: USD 374
Disclaimer: Idea sharing only, trade at your own risk.
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