9/8/2019
*Gold Dec 19*
Previous Close: 1509.5 -10.1
Gold retreated from high but still sustain above 1500 level after a strong rebound in stock market.
Hourly chart entered sideway 1500-1520, overall trend more to bullish.
*Classic Support & Resistance*
Resistance: 1523 1540
Support: 1502 1493
*Recommend Trading Plan for the day:*
1. Look for buy signal above 1523
2. Sell 1510 for correction, stop 1511.3, profit 1508.7/1507.4/1506.1
*Margin Requirement (per lot)*
USD 4400
Micro: USD 440
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