2/7/2019
*Gold Aug 19*
Previous Close: 1389.3 -24.4
Gold slid 2% yesterday as USD rallied after the resumption of trade talks between US and China.
Hourly chart gap down and entered range 1381-1402, wait for breakout.
*Classic Support & Resistance*
Resistance: 1401.8 1427.8
Support: 1381.5 1361.3
*Recommend Trading Plan for the day:*
1. Trade in range 1381-1402
*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