22/11/2019
Gold Dec 19
Previous Close: 1463.6 -10.6
Gold prices eased to near 1460 level yesterday as a report that China has invited top US negotiators for a new round of talks, raised some hopes regarding the US-China trade deal.
Hourly chart move within previous range, 1446 or 1479 wait for breakout.
Classic Support & Resistance
Resistance: 1472 1479
Support: 1456 1446
Recommend Trading Plan for the day:
1. Buy 1466, stop 1464.7, profit 1467.3/1468.6/1469.9
2. Sell 1462, stop 1463.3, profit 146.7/1459.4/1458.1
Margin Requirement (per lot)
USD 4950
Micro: USD 495
Disclaimer: For idea sharing only, trade at your own risk
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