COMEX Gold Update
Daily Futures Commentaries: [Comex Gold] 20/8/2019 - Sideway to higher, wait for more breakout
InvestorsDoctor
Publish date: Tue, 20 Aug 2019, 11:16 AM
InvestorsDoctor
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20/8/2019
*Gold Dec 19*
Previous Close: 1511.6 -12
Gold fell more than 1% yesterday on rebound of stock market.
Hourly chart in a sideway to higher trend, wait for more breakout.
*Classic Support & Resistance*
Resistance: 1528 1546
Support: 1490 1465
*Recommend Trading Plan for the day:*
1. Sell 1503, stop 1504.3, profit 1501.7/1500.4/1499.1
2. Look for buy signal above 1514
*Margin Requirement (per lot)*
USD 4950
Micro: USD 495
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