COMEX Gold Update

Daily Futures Commentaries: [Comex Gold] 25/9/2019 - Sideway 1490-1570, wait for more breakout

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Publish date: Wed, 25 Sep 2019, 12:04 PM
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25/9/2019
 
*Gold Dec 19*
 
Previous Close: 1540.2 +8.7
 
Gold climbed to its highest in nearly 3 weeks as calls for impeachment proceedings against US President Donald Trump pushed stocks into red.
 
Hourly chart showed gold in wide range 1490-1570, wait for more breakout.
 
*Classic Support & Resistance* 
Resistance: 1566 1590
Support:  1518 1490
 
*Recommend Trading Plan for the day:* 
1. Look for buy signal above 1543
2. Look for sell signal below 1532
 
*Margin Requirement (per lot)* 
USD 4950
Micro: USD 495
 
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