22/4/2019
*Gold Jun 19*
Previous Close: 1276 -0.8
Gold testing rebound to above 1280 this morning.
Daily chart showed gold triggered head & shoulder bearish pattern below 1275, potentially more downside ahead, while hourly chart showed gold close above 1282 to trigger more upside.
*Classic Support & Resistance*
Resistance: 1282.1 1293.1
Support: 1273 1267.4
*Recommend Trading Plan for the day:*
1. Buy 1282.2 for technical rebound, stop 1280.9, profit 1283.5/1284.8/1286.1
2. Look for sell signal below 1273
*Margin Requirement (per lot)*
USD 3740
Micro: USD 374
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://www.facebook.com/investorsdoctoracademy
Or reach out to our contact number IDA Investors Doctor Academy
+601153537589