![](/files/my/blog/img/bl3959_gc111218.png)
11/12/2018
*Gold Feb 19*
Previous Close: 1249.4 -3.2
Gold eased from 5 month high as USD rebound.
Hourly chart showed gold entered technical correction yet overall in bullish trend.
*Classic Support & Resistance*
Resistance: 1256.6 1265.4
Support: 1238.7 1233.1
*Recommend Trading Plan for the day:*
1. Look for technical correction sell signal below 1247
2. Look for buy signal above 1253
*Margin Requirement (per lot)*
USD 3740
Micro: USD 374
Disclaimer: Idea sharing only, trade at your own risk.
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