![](/files/my/blog/img/bl3959_gc151019.png)
15/10/2019
*Gold Dec 19*
Previous Close: 1497.6 +8.9
Gold gained on yesterday as optimism over a potential US-China trade deal waned.
Hourly chart testing rebound to back to above 1500 level, wait for more breakout.
*Classic Support & Resistance*
Resistance: 1508 1526
Support: 1478 1465
*Recommend Trading Plan for the day:*
1. Buy 1501, stop 1499.7, profit 1502.3/1503.6/1504.9
2. Sell 1493, stop 1494.3, profit 1491.7/1490.4/1489.1
*Margin Requirement (per lot)*
USD 4950
Micro: USD 495
Disclaimer: For idea sharing only, trade at your own risk
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