COMEX Gold Update
Daily Futures Commentaries: [Comex Gold] 12/2/2019 - Enter technical correction from RSI bearish divergence
InvestorsDoctor
Publish date: Tue, 12 Feb 2019, 11:12 AM
InvestorsDoctor
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12/2/2019
*Gold Apr 19*
Previous Close: 1311.9
Gold slipped as USD index at near 6 week high.
Daily chart showed gold testing for a technical correction from RSI bearish divergence, yet overall remain in a rebound stage, close below 1306 to trigger more downside.
*Classic Support & Resistance*
Resistance: 1328.2 1337.6
Support: 1296.5 1275.3
*Recommend Trading Plan for the day:*
1. Look for buy signal above 1313.9.
2. Look for sell signal below 1306.4.
*Margin Requirement (per lot)*
USD 3740
Micro: USD 374
Disclaimer: Idea sharing only, trade at your own risk.
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