COMEX Gold Update
Daily Futures Commentaries: [Comex Gold] 24/6/2019 - Sustain in bullish stage, clsoe above 1415 for more upside
InvestorsDoctor
Publish date: Mon, 24 Jun 2019, 10:37 AM
InvestorsDoctor
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24/6/2019
*Gold Aug 19*
Previous Close: 1400.1 +3.2
Gold prices hit their highest levels in nearly six years on Friday, buoyed by expectations of easier monetary policy in US.
Hourly chart retest 1415 level, close above to trigger more upside.
*Classic Support & Resistance*
Resistance: 1420 1440
Support: 1392.8 1381.5
*Recommend Trading Plan for the day:*
1. Look for buy signal above 1415
2. Sell 1405.1 for technical correction, stop 1406.4, profit 1403.8/1402.5/1401.2
*Margin Requirement (per lot)*
USD 3740
Micro: USD 374
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