COMEX Gold Update
Daily Futures Commentaries: [Comex Gold] 19/12/2018 -Steady near 1 week high, watch out for FOMC meeting result
InvestorsDoctor
Publish date: Wed, 19 Dec 2018, 10:36 AM
InvestorsDoctor
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19/12/2018
*Gold Feb 19*
Previous Close: 1253.6 +1.8
Gold closed slightly higher yesterday, steadied around 1 week high ahead of FOMC meeting. Watch out for Fed decision on 3am tomorrow.
Daily chart showed a potential RSI bearish divergence, required to close above 1256.6 previous high to trigger further rebound signal.
*Classic Support & Resistance*
Resistance: 1256.6 1265.4
Support: 1249 1236.5
*Recommend Trading Plan for the day:*
1. Look for buy signal above 1256.6.
2. Look for sell signal below 1249.
*Margin Requirement (per lot)*
USD 3740
Micro: USD 374
Disclaimer: Idea sharing only, trade at your own risk.
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