COMEX Gold Update
Daily Futures Commentaries: [Comex Gold] 12/9/2019 - In Technical correction, more downside if below 1490
InvestorsDoctor
Publish date: Thu, 12 Sep 2019, 11:36 AM
InvestorsDoctor
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12/9/2019
*Gold Dec 19*
Previous Close: 1503.2 +4
Gold rose yesterday on expectations of monetary policy easing by top central banks but gains were limited by rebound in stock market.
Hourly chart continue to test 1500 level, wait for more breakout.
*Classic Support & Resistance*
Resistance: 1524 1536
Support: 1489 1465
*Recommend Trading Plan for the day:*
1. Trade in range 1490-1510
*Margin Requirement (per lot)*
USD 4950
Micro: USD 495
Disclaimer: For idea sharing only, trade at your own risk
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