![](/files/my/blog/img/bl3959_gc060519.png)
6/5/2019
*Gold Jun 19*
Previous Close: 1281.3 +9.3
Gold lifted higher and sustained above 1280 level as Trump threatened to increase tariffs on Chinese goods.
Hourly chart formed a sideway, close above 1291 will trigger a double bottom rebound pattern.
*Classic Support & Resistance*
Resistance: 1290.9 1299.1
Support: 1279.3 1267.3
*Recommend Trading Plan for the day:*
1. Sell 1283, stop 1284.5, profit 1281.5/1280
2. Look for buy signal above 1291
*Margin Requirement (per lot)*
USD 3740
Micro: USD 374
Join us to discuss & trade together FKLI, FCPO, WTI Crude Oil, Comex Gold, Mini Dow Jones etc Futures markets !!!
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