22/7/2019
*Gold Aug 19*
Previous Close: 1426.7 -1.4
Gold prices erased its gains from above 1450 but still higher than previous trading session.
Hourly chart formed higher highs & lows, more to bullish, but watch out for potential bearish candlestick pattern in daily chart.
*Classic Support & Resistance*
Resistance: 1443 1454
Support: 1415 1401
*Recommend Trading Plan for the day:*
1. Buy 1429.7, stop 1428.4, profit 1431/1432.3/1433.6
2. Sell 1421, stop 1422.3, profit 1419.7/1418.4/1417.1
*Margin Requirement (per lot)*
USD 4400
Micro: USD 440
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