COMEX Gold Update
Daily Futures Commentaries: [Comex Gold] 30/10/2018 - Below 1230 will it enter another round of correction?
InvestorsDoctor
Publish date: Tue, 30 Oct 2018, 11:46 AM
InvestorsDoctor
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30/10/2018
*Gold Dec 18*
Previous Close: 1227.6 -8.2
Gold eased on yesterday, sliding off a more than 3 month peak as pressured by a stronger USD despite weak stock market.
Hourly chart testing 1230 level, close below 1226.1 to trigger further correction signal.
*Classic Support & Resistance*
Resistance: 1237.6 1246
Support: 1219.3 1209.3
*Recommend Trading Plan for the day:*
1. Look for sell signal below 1226.1.
*Margin Requirement (per lot)*
USD 3740
Micro: USD 374
Disclaimer: Idea sharing only, trade at your own risk.
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