22/10/2019
*Gold Dec 19*
Previous Close: 1488.1 -6
Gold eased on yesterday as pressured by a rebound in stock market and USD.
Hourly chart in range of 1478-1508, wait for more breakout.
*Classic Support & Resistance*
Resistance: 1501 1508
Support: 1478 1465
*Recommend Trading Plan for the day:*
1. Buy 1490, stop 1488.7, profit 1491.3/1492.6/1493.9
2. Sell 1484, stop 1485.3, profit 1482.7/1481.4/1480.1
*Margin Requirement (per lot)*
USD 4950
Micro: USD 495
Disclaimer: For idea sharing only, trade at your own risk
Join us to discuss & trade together FKLI, FCPO, WTI Crude Oil, Comex Gold, Mini Dow Jones etc Futures markets !!!
Please SHARE & SUBSCRIBE our YOUTUBE channel for latest FREE futures trading videos !!!
https://www.youtube.com/channel/UCnOB_UmIXe3OTE2SgiK9kpg
Join our FREE channels to find out more on futures trading !!!
Telegram link:
https://t.me/investorsdoctoracademy
Facebook link:
https://www.facebook.com/investorsdoctoracademy
Or reach out to our contact number IDA Investors Doctor Academy
+601153537589