COMEX Gold Update
Daily Futures Commentaries: [Comex Gold] 2/11/2018 - Return to previous trading range, see whether sustain above middle line of BB
InvestorsDoctor
Publish date: Fri, 02 Nov 2018, 11:00 AM
InvestorsDoctor
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2/11/2018
*Gold Dec 18*
Previous Close: 1238.6 +23.6
Gold rallied yesterday on a strong retreat of USD.
Hourly chart showed gold returned to previous trading range after breakdown from the channel, with now sustain above 61.8 Fibo retracement level of swing 1246-1213.4, may retest previous high.
*Classic Support & Resistance*
Resistance: 1246 1259.5
Support: 12224 1213.4
*Recommend Trading Plan for the day:*
1. Look for sell signal below 1232.9.
2. Look for buy signal above 1236.7.
*Margin Requirement (per lot)*
USD 3740
Micro: USD 374
Disclaimer: Idea sharing only, trade at your own risk.
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