COMEX Gold Update

Daily Futures Commentaries: [Comex Gold] 4/1/2019 - Bullish trend continue, but watch out for RSI overbought correction

InvestorsDoctor
Publish date: Fri, 04 Jan 2019, 11:04 AM
InvestorsDoctor
0 1,969
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/
Following Message



4/1/2019

 
*Gold Feb 19*
 
Previous Close: 1294.8 +10.7
 
Gold rose to more than 6 month high to test 1300 level yesterday on concerns of global economy slowdown. Watch out for Fed Chair Powell Speaks on 1115pm tonight.
 
Daily chart formed higher highs & lows in a more to bullish trend but be cautious as RSi in overbought, may trigger some technical correction in short term.
 
*Classic Support & Resistance* 
Resistance: 1313 1326.3
Support: 1286.4 1273.2
 
 *Recommend Trading Plan for the day:* 
1. Buy 1300.5, stop 1298.9, profit 1302.1/1303.7/1305.3
 
 *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
More articles on COMEX Gold Update
Daily Futures Commentaries: [Comex Gold] 31/12/2019 - Hit more than 3 month high, above 1530 for more upside

Created by InvestorsDoctor | Dec 31, 2019

Daily Futures Commentaries: [Comex Gold] 30/12/2019 - Hit 2 month high, above 1520 for more upside

Created by InvestorsDoctor | Dec 30, 2019

Daily Futures Commentaries: [Comex Gold] 27/12/2019 - Hit 2 month high, above 1520 for more upside

Created by InvestorsDoctor | Dec 27, 2019

Daily Futures Commentaries: [Comex Gold] 26/12/2019 - Hit more than 1 month high, above 1510 for more upside

Created by InvestorsDoctor | Dec 26, 2019

Daily Futures Commentaries: [Comex Gold] 24/12/2019 - Testing rebound, above 1492 for more upside

Created by InvestorsDoctor | Dec 24, 2019

Daily Futures Commentaries: [Comex Gold] 23/12/2019 - Move in range, wait for more breakout

Created by InvestorsDoctor | Dec 23, 2019

Daily Futures Commentaries: [Comex Gold] 20/12/2019 - Move in range, wait for more breakout

Created by InvestorsDoctor | Dec 20, 2019

Daily Futures Commentaries: [Comex Gold] 19/12/2019 - Move in range, wait for more breakout

Created by InvestorsDoctor | Dec 19, 2019

Daily Futures Commentaries: [Comex Gold] 18/12/2019 - Move in range, wait for more breakout

Created by InvestorsDoctor | Dec 18, 2019

Daily Futures Commentaries: [Comex Gold] 17/12/2019 - Move in range, wait for more breakout

Created by InvestorsDoctor | Dec 17, 2019

Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment