15/8/2019
*Gold Dec 19*
Previous Close: 1527.8 +25.6
Gold rose on yesterday as an inversion in the US Treasury yield curve and poor economic data from the euro zone stoked fears of a recession.
Hourly chart in a sideway to higher trend, wait for more breakout.
*Classic Support & Resistance*
Resistance: 1546 1560
Support: 1516 1504
*Recommend Trading Plan for the day:*
1. Buy 1535, stop 1533.7, profit 1536.3/1537.6/1538.9
*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