COMEX Gold Update
Daily Futures Commentaries: [Comex Gold] 9/10/2019 - Back to above 1500 level as supported by weak stock market
InvestorsDoctor
Publish date: Wed, 09 Oct 2019, 11:10 AM
InvestorsDoctor
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9/10/2019
*Gold Dec 19*
Previous Close: 1503.9 -0.5
Gold held steady at above 1500 level yesterday and continue to rebound on this morning over uncertainties of US-China trade talk.
4H chart in sideway, wait for more breakout 1490 or 1530.
*Classic Support & Resistance*
Resistance: 1526 1543
Support: 1492 1480
*Recommend Trading Plan for the day:*
1. Sell 1509, stop 1510.3, profit 1507.7/1506.4/1505.1
2. Buy 1515, stop 1513.7, profit 1516.3/1517.6/1518.9
*Margin Requirement (per lot)*
USD 4950
Micro: USD 495
Disclaimer: For idea sharing only, trade at your own risk
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