COMEX Gold Update
Daily Futures Commentaries: [Comex Gold] 26/9/2019 - Sideway 1490-1570, wait for more breakout
InvestorsDoctor
Publish date: Thu, 26 Sep 2019, 12:40 PM
InvestorsDoctor
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26/9/2019
*Gold Dec 19*
Previous Close: 1512.3 -27.9
Gold slid 2% yesterday on rebound of stock market and US dollar.
Hourly chart showed gold in wide range 1490-1570, wait for more breakout.
*Classic Support & Resistance*
Resistance: 1527 1543
Support: 1507 1590
*Recommend Trading Plan for the day:*
1. Buy 1517, stop 1515.7, profit 1518.3/1519.6/1520.9
2. Sell 1513.4, stop 1514.7, profit 1512.1/1510.8/1509.5
*Margin Requirement (per lot)*
USD 4950
Micro: USD 495
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