COMEX Gold Update
Daily Futures Commentaries: [Comex Gold] 24/12/2018 - Pull back to above 1260, retest previous high
InvestorsDoctor
Publish date: Mon, 24 Dec 2018, 11:46 AM
InvestorsDoctor
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24/12/2018
*Gold Feb 19*
Previous Close: 1258.1 -9.8
Gold declined to below 1260 level for technical correction but able to pull back today to retest 1270 level.
Hourly chart showed gold remain in rebound stage, close above 1270 to trigger more rebound signal.
*Classic Support & Resistance*
Resistance: 1270.3 1284.1
Support: 1256.7 1245.3
*Recommend Trading Plan for the day:*
1. Look for buy signal above 1270.3.
*Margin Requirement (per lot)*
USD 3740
Micro: USD 374
Disclaimer: Idea sharing only, trade at your own risk.
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