COMEX Gold Update
Daily Futures Commentaries: [Comex Gold] 18/11/2019 - testing rebound from oversold and entered sideway range
InvestorsDoctor
Publish date: Mon, 18 Nov 2019, 11:26 AM
InvestorsDoctor
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18/11/2019
*Gold Dec 19*
Previous Close: 1468.5 -4.9
Gold slipped on last Friday as dragged down by positive progress in US-China trade deal and new high in stock market.
Hourly chart testing rebound and entered sideway, 1460 or 1475 wait for breakout.
*Classic Support & Resistance*
Resistance: 1476 1489
Support: 1456 1446
*Recommend Trading Plan for the day:*
1. Sell 1465.4, stop 1466.7, profit 11464.1/1462.8/1461.5
2. Buy 1470.3, stop 1469, profit 1471.6/1472.9/1474.2
*Margin Requirement (per lot)*
USD 4950
Micro: USD 495
Disclaimer: For idea sharing only, trade at your own risk
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Daily Futures Commentaries: [Comex Gold] 17/12/2019 - Move in range, wait for more breakout
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