23/8/2019
*Gold Dec 19*
Previous Close: 1508.5 -7.2
Gold inched lower yesterday after comments from US Federal Reserve officials dampened hopes for additional monetary easing.
Hourly chart in a triangle sideway to higher trend, wait for more breakout.
*Classic Support & Resistance*
Resistance: 1520 1530
Support: 1500 1490
*Recommend Trading Plan for the day:*
1. Sell 1502, stop 1503.3, profit 1500.7/1499.4/1498.1
*Margin Requirement (per lot)*
USD 4950
Micro: USD 495
Disclaimer: For idea sharing only, trade at your own risk
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