COMEX Gold Update

Daily Futures Commentaries: [Comex Gold] 20/3/2019 - Close above 1311.6 to trigger more upside.

InvestorsDoctor
Publish date: Wed, 20 Mar 2019, 11:43 AM
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20/3/2019

*Gold Apr 19*

Previous Close: 1306.5 +5

Gold sustain above 1300 level and edged higher yesterday as supported by weaker USD ahead of FOMC meeting.

Hourly chart showed gold to move in range 1290.6-1311.6, wait for breakout.

*Classic Support & Resistance*
Resistance: 1311.6 1316.5
Support: 1298 1290.6

*Recommend Trading Plan for the day:*
1. Look for sell signal below 1300.

*Margin Requirement (per lot)*
USD 3740
Micro: USD 374

Disclaimer: Idea sharing only, trade at your own risk.

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