COMEX Gold Update
Daily Futures Commentaries: [Comex Gold] 13/5/2019 - Continue in sideway, wait for breakout
InvestorsDoctor
Publish date: Mon, 13 May 2019, 11:00 AM
InvestorsDoctor
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13/5/2019
*Gold Jun 19*
Previous Close: 1287.4 +2.2
Gold firmed on last Friday as US-China trade talk outweighed gains in USD.
4H chart showed gold in a sideway 1267-1293, wait for breakout.
*Classic Support & Resistance*
Resistance: 1292.8 1299.1
Support: 1278.1 1267.3
*Recommend Trading Plan for the day:*
1. Buy 1285.4, stop 1284.1, profit 1286.7/1288/1289.3
2. Sell 1284.3, stop 1285.6, profit 1283/1281.7/1280.4
*Margin Requirement (per lot)*
USD 3740
Micro: USD 374
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