COMEX Gold Update
Daily Futures Commentaries: [Comex Gold] 10/7/2019 - Continue in sideway range ahead of FOMC minutes
InvestorsDoctor
Publish date: Wed, 10 Jul 2019, 11:01 AM
InvestorsDoctor
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10/7/2019
Gold Aug 19
Previous Close: 1400.5 +0.5
Gold stagnant at around 1400 level as market stay cautious ahead of FOMC meeting minutes on 2am tomorrow and Fed Chair Powell Testimony on 10pm tomorrow.
Hourly chart showed gold in sideway range, wait for more breakout, 1384 or 1443.
Classic Support & Resistance
Resistance: 1410 1427
Support: 1385 1361
Recommend Trading Plan for the day:
1. Sell 1393, stop 1394.3, profit 1391.7/1390.4/1389.1
Margin Requirement (per lot)
USD 4400
Micro: USD 440
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