![](/files/my/blog/img/bl3959_gc080519.png)
8/5/2019
*Gold Jun 19*
Previous Close: 1285.6 +1.8
Gold was slightly higher yesterday on weaker stock market.
4H chart showed gold in a sideway 1267-1291, wait for more breakout.
*Classic Support & Resistance*
Resistance: 1290.9 1299.1
Support: 1284.3 1278.1
*Recommend Trading Plan for the day:*
1. Look for buy signal above 1291
*Margin Requirement (per lot)*
USD 3740
Micro: USD 374
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