![](/files/my/blog/img/bl3959_gc260719.png)
26/7/2019
Gold Aug 19
Previous Close: 1414.7 -8.9
Gold retreated from 1 week high on robust US economic data.
4H chart entered sideway to higher trend while technical indicators in neutral, wait for more breakout.
Classic Support & Resistance
Resistance: 1434 1443
Support: 1401 1384
Recommend Trading Plan for the day:
1. Buy 1417.8, stop 1416.5, profit 1419.1/1420.4/1421.7
2. Look for sell signal below 1411
Margin Requirement (per lot)
USD 4400
Micro: USD 440
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