15/5/2019
*Gold Jun 19*
Previous Close: 1296.3 -5.5
Gold off from 1 month high as pressured by higher USD after stock market show recovery.
Daily chart formed a double bottom bullish pattern, may test 38.2-61.8 Fibo retracement level of swing 1349.8-1267.3.
*Classic Support & Resistance*
Resistance: 1314.7 1324.5
Support: 1278.1 1267.3
*Recommend Trading Plan for the day:*
1. Sell 1294, stop 1295.3, profit 1292.7/1291.4/1290.1
2. Look for buy signal above 1304
*Margin Requirement (per lot)*
USD 3740
Micro: USD 374
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