COMEX Gold Update

Daily Futures Commentaries: [Comex Gold] 1/7/2019 - Entered technical correction stage, below 1400 level for more downside

InvestorsDoctor
Publish date: Mon, 01 Jul 2019, 10:25 AM
InvestorsDoctor
0 1,969
To get timely information on local and foreign futures markets, join us on telegram & Facebook.

Join link: https://t.me/investorsdoctoracademy

Facebook: https://m.facebook.com/investorsdoctoracademy/
Following Message


1/7/2019
 
Gold Aug 19
 
Previous Close: 1413.7 +1.7
 
Gold prices fell more than 1% this morning, which is also the lowest in a week, as weighed down by US-China trade optimism.
 
Hourly chart gap down and approaching RSI oversold zone now, below 1400 to trigger more technical correction. 
 
Classic Support & Resistance 
Resistance: 1416.3 1427.8
Support:  1381.5 1361.3
 
Recommend Trading Plan for the day: 
1. Sell 1393.8, stop 1395.1, profit 1392.5/1391.2/1389.9
2. Buy 1402 for technical rebound, stop 1400.7, profit 1403.3/1404.6/1405.9
 
Margin Requirement (per lot) 
USD 4070
Micro: USD 407
 
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
More articles on COMEX Gold Update
Daily Futures Commentaries: [Comex Gold] 31/12/2019 - Hit more than 3 month high, above 1530 for more upside

Created by InvestorsDoctor | Dec 31, 2019

Daily Futures Commentaries: [Comex Gold] 30/12/2019 - Hit 2 month high, above 1520 for more upside

Created by InvestorsDoctor | Dec 30, 2019

Daily Futures Commentaries: [Comex Gold] 27/12/2019 - Hit 2 month high, above 1520 for more upside

Created by InvestorsDoctor | Dec 27, 2019

Daily Futures Commentaries: [Comex Gold] 26/12/2019 - Hit more than 1 month high, above 1510 for more upside

Created by InvestorsDoctor | Dec 26, 2019

Daily Futures Commentaries: [Comex Gold] 24/12/2019 - Testing rebound, above 1492 for more upside

Created by InvestorsDoctor | Dec 24, 2019

Daily Futures Commentaries: [Comex Gold] 23/12/2019 - Move in range, wait for more breakout

Created by InvestorsDoctor | Dec 23, 2019

Daily Futures Commentaries: [Comex Gold] 20/12/2019 - Move in range, wait for more breakout

Created by InvestorsDoctor | Dec 20, 2019

Daily Futures Commentaries: [Comex Gold] 19/12/2019 - Move in range, wait for more breakout

Created by InvestorsDoctor | Dec 19, 2019

Daily Futures Commentaries: [Comex Gold] 18/12/2019 - Move in range, wait for more breakout

Created by InvestorsDoctor | Dec 18, 2019

Daily Futures Commentaries: [Comex Gold] 17/12/2019 - Move in range, wait for more breakout

Created by InvestorsDoctor | Dec 17, 2019

Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment