COMEX Gold Update
Daily Futures Commentaries: [Comex Gold] 10/10/2019 - In sideway, wait for more breakout
InvestorsDoctor
Publish date: Thu, 10 Oct 2019, 11:58 AM
InvestorsDoctor
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10/10/2019
*Gold Dec 19*
Previous Close: 1512.8 +8.9
Gold rose 1% yesterday as supported by uncertainties over US-China trade talks and Brexit drove a decline in stock markets.
4H chart in sideway, wait for more breakout 1490 or 1530.
*Classic Support & Resistance*
Resistance: 1543 1566
Support: 1492 1465
*Recommend Trading Plan for the day:*
1. Look for buy signal above 1526
2. Look for sell signal below 1492
*Margin Requirement (per lot)*
USD 4950
Micro: USD 495
Disclaimer: For idea sharing only, trade at your own risk
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