COMEX Gold Update
Daily Futures Commentaries: [Comex Gold] 25/10/2018 - Technically remain bullish but watch out for RSI bearish divergence
InvestorsDoctor
Publish date: Thu, 25 Oct 2018, 11:01 AM
InvestorsDoctor
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25/10/2018
*Gold Dec 18*
Previous Close: 1231.1 -5.7
Gold fell on yesterday as profit taking & rising USD.
Hourly chart formed higher high& & lows, more to bullish, but watch out for potential RSI bearish divergence.
*Classic Support & Resistance*
Resistance: 1244.7 1256.1
Support: 1228.3 1219.3
*Recommend Trading Plan for the day:*
1. Look for buy signal above 1244.7.
*Margin Requirement (per lot)*
USD 3740
Micro: USD 374
Disclaimer: Idea sharing only, trade at your own risk.
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