31/12/2018
*Gold Feb 19*
Previous Close: 1283 +1.9
Gold held near 6 month highs on last Friday, helped by a softer USD, concerns over slowing economic growth and wild swings in stock market.
Hourly chart showed gold remain in rebound stage with higher highs & lows, but watch out for potential RSI bearish divergence.
*Classic Support & Resistance*
Resistance: 1286.8 1300
Support: 1273.2 1267.4
*Recommend Trading Plan for the day:*
1. Look for buy signal above 1284.7
*Margin Requirement (per lot)*
USD 3740
Micro: USD 374
Disclaimer: Idea sharing only, trade at your own risk.
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