COMEX Gold Update
Daily Futures Commentaries: [Comex Gold] 30/10/2019 - Back to previous sideway range, wait for breakout
InvestorsDoctor
Publish date: Wed, 30 Oct 2019, 11:57 AM
InvestorsDoctor
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30/10/2019
*Gold Dec 19*
Previous Close: 1490.7 -5.1
Gold dropped to 1 week low ahead of US Federal Reserve Meeting.
4H chart in sideway, with technical indicators in neutral and BB in flat, wait for more breakout.
*Classic Support & Resistance*
Resistance: 1497 1502
Support: 1484 1478
*Recommend Trading Plan for the day:*
1. Buy 1491.7, stop 1490.4, profit 1493/1494.3/1495.6
2. Sell 1489, stop 1490.3, profit 1487.7/1486.4/1485.1
*Margin Requirement (per lot)*
USD 4950
Micro: USD 495
Disclaimer: For idea sharing only, trade at your own risk
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