7/5/2019
*Gold Jun 19*
Previous Close: 1283.8 +2.5
Gold settled higher yesterday as boosted by a slide in global stock markets after US threat of further tariffs on China, but upside was limited by strong USD.
4H chart showed gold in a sideway 1267-1291, wait for more breakout.
*Classic Support & Resistance*
Resistance: 1290.9 1299.1
Support: 1278.1 1267.3
*Recommend Trading Plan for the day:*
1. Trade in range 1278-1288
*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