COMEX Gold Update

Daily Futures Commentaries: [Comex Gold] 27/11/2019 - Testing rebound in range

InvestorsDoctor
Publish date: Wed, 27 Nov 2019, 11:35 AM
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27/11/2019

*Gold Feb 20*

Previous Close: 1467.4 +3.6

Gold settled slightly higher yesterday on technical buying, with market wait for more updates from US-China trade deal.

Hourly chart in range 1453-1486, wait for more breakout.

*Classic Support & Resistance*
Resistance: 1480 1486
Support: 1463 1453

*Recommend Trading Plan for the day:*
1. Sell 1464.7, stop 1466, profit 1463.4/1462.1/1460.8
2. Look for buy signal above 1470

*Margin Requirement (per lot)*
USD 4950
Micro: USD 495

Disclaimer: For idea sharing only, trade at your own risk

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