COMEX Gold Update
Daily Futures Commentaries: [Comex Gold] 8/1/2019 - Enter RSI overbought technical correction, trade in range
InvestorsDoctor
Publish date: Tue, 08 Jan 2019, 10:30 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/
Join link: https://t.me/investorsdoctoracademy
Facebook: https://m.facebook.com/investorsdoctoracademy/
8/1/2019
*Gold Feb 19*
Previous Close: 1289.9 +2.9
Gold held steady yesterday in a tight range of around 1290 as recovery in stock market limit its upside.
Daily chart formed higher highs & lows in a more to bullish trend but may trigger RSI overbought technical correction in short term. Hourly chart showed gold move in range 38.2-61.8 Fibo retracement level of swing 1300.4-1278.1, wait for more breakout signal.
*Classic Support & Resistance*
Resistance: 1300.4 1313
Support: 1278.1 1267.5
*Recommend Trading Plan for the day:*
1. Trade in range 1278-1300, wait for breakout.
*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 futures trading videos !!!
https://www.youtube.com/channel/UCnOB_UmIXe3OTE2SgiK9kpg
Join our FREE channels to find out more on futures trading !!!
Telegram link:
https://t.me/investorsdoctoracademy
Facebook link:
https://m.facebook.com/investorsdoctoracademy
Or reach out to our contact number +601153537589
More articles on COMEX Gold Update
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
Featured Posts
Apps
Top Articles
1
Why I believe Notion Vtec's can easily raise up to $3.00 and beyond
Why I believe Notion Vtec's share price easily go $3.00 and beyond
2
Koon Yew Yin's Blog
Malaysia has the most civil servants per capita in the world - Koon Yew Yin
3
Anythingwatever
4
5
save malaysia!
6
7
AmInvest Research Reports
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
MQ Trading Signals
Stock
Time
Signal
Duration
Stock
Time
Signal
Duration
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
