COMEX Gold Update
Daily Futures Commentaries: [Comex Gold] 17/1/2019 - Trade within range of triangle pattern, wait for breakout
InvestorsDoctor
Publish date: Thu, 17 Jan 2019, 10:59 AM
InvestorsDoctor
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17/1/2019
*Gold Feb 19*
Previous Close: 1293.8 +5.4
Gold gained on yesterday but in a tighter trading range.
Hourly chart showed gold move in triangle sideway pattern and now testing resistance, wait for breakout.
*Classic Support & Resistance*
Resistance: 1300.4 1313
Support: 1286.7 1278.1
*Recommend Trading Plan for the day:*
1. Trade in range 1285-1300.
*Margin Requirement (per lot)*
USD 3740
Micro: USD 374
Disclaimer: Idea sharing only, trade at your own risk.
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Be the first to like this. Showing 2 of 2 comments
Hi @Joseph! You hold buy position now? What is your personal opinion for the gold?
2019-01-17 11:25
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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....
Joseph
pray gold gain for today as well
2019-01-17 11:03