COMEX Gold Update
Daily Futures Commentaries: [Comex Gold] 22/1/2019 - Break down from triangle pattern, likely enter technical correction
InvestorsDoctor
Publish date: Tue, 22 Jan 2019, 10:41 AM
InvestorsDoctor
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22/1/2019
*Gold Feb 19*
Previous Close: 1279.6 -1.7
Gold dipped on firm USD & stock market.
Hourly chart showed gold break down from triangle sideway pattern, likely enter a technical correction.
*Classic Support & Resistance*
Resistance: 1300.4 1313
Support: 1267.4 1256.7
*Recommend Trading Plan for the day:*
1. Sell 1278, stop 1279.3, profit 1276.7/1275.4/1274.1
*Margin Requirement (per lot)*
USD 3740
Micro: USD 374
Disclaimer: Idea sharing only, trade at your own risk.
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