COMEX Gold Update
Daily Futures Commentaries: [Comex Gold] 13/12/2018 - Technical correction in a rebound stage, move in channel
InvestorsDoctor
Publish date: Thu, 13 Dec 2018, 11:17 AM
InvestorsDoctor
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13/12/2018
*Gold Feb 19*
Previous Close: 1250 +2.8
Gold retest 1250 level as USD slipped and expectations of US interest rate hikes next year dimmed.
Hourly chart showed gold entered technical correction and move in channel.
*Classic Support & Resistance*
Resistance: 1256.6 1265.4
Support: 1245.8 1238.7
*Recommend Trading Plan for the day:*
1. Trade in range 1245-1253.
*Margin Requirement (per lot)*
USD 3740
Micro: USD 374
Disclaimer: Idea sharing only, trade at your own risk.
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