COMEX Gold Update

Daily Futures Commentaries: [Comex Gold] 2/1/2019 - Entering sideway, watch out potential RSI bearish divergence

InvestorsDoctor
Publish date: Wed, 02 Jan 2019, 10:58 AM
To get timely information on local and foreign futures markets, join us on telegram & Facebook.

Join link: https://t.me/investorsdoctoracademy

Facebook: https://m.facebook.com/investorsdoctoracademy/



2/1/2019

 
*Gold Feb 19*
 
Previous Close: 1281.3 -1.7
 
Gold held near 6 month highs before holiday, but recorded for its first annual decline since 2015 after pressured by strong USD.
 
Hourly chart showed gold entering sideway, watch out for potential RSI bearish divergence.
 
*Classic Support & Resistance* 
Resistance: 1286.8 1300
Support: 1279.7 1273.2
 
 *Recommend Trading Plan for the day:* 
1. Look for buy signal above 1286.8
2. Look for sell signal below 1280
 
 *Margin Requirement (per lot)* 
USD 3740
Micro: USD 374
 
Disclaimer: Idea sharing only, trade at your own risk.
 
Please SHARE & SUBSCRIBE our YOUTUBE channel for latest FREE videos !!!
 
https://www.youtube.com/channel/UCnOB_UmIXe3OTE2SgiK9kpg
 
Join our other channels to find out more about futures trading !!!
 
Telegram link:
https://t.me/investorsdoctoracademy
 
Facebook link:
https://m.facebook.com/investorsdoctoracademy
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment