COMEX Gold Update

Daily Futures Commentaries: [Comex Gold] 21/11/2019 - Testing rebound, above 1479 for more upside

InvestorsDoctor
Publish date: Thu, 21 Nov 2019, 11:37 AM
InvestorsDoctor
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21/11/2019

 
*Gold Dec 19*
 
Previous Close: 1474.2 -0.1
 
Gold traded in tight range yesterday as market wait for more progress from US-China trade talk.
 
Hourly chart testing rebound and entered sideway, 1446 or 1480 wait for breakout.
 
*Classic Support & Resistance* 
Resistance: 1480 1490
Support: 1465 1456
 
*Recommend Trading Plan for the day:* 
1. Sell 1471, stop 1472.3, profit 1469.7/1468.4/1467.1
 
*Margin Requirement (per lot)* 
USD 4950
Micro: USD 495
 
Disclaimer: For idea sharing only, trade at your own risk
 
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