2/12/2019
*Gold Feb 20*
Previous Close: 1472.7 +11.9
Gold formed a strong rebound from 1460 level to above 1470 level on last week as supported by selloff in stock market.
Hourly chart in range 1446-1479, wait for more breakout.
*Classic Support & Resistance*
Resistance: 1479 1489
Support: 1459 1446
*Recommend Trading Plan for the day:*
1. Sell 1465, stop 1466.13, profit 1463.7/1462.4/1461.1
*Margin Requirement (per lot)*
USD 4950
Micro: USD 495
Disclaimer: For idea sharing only, trade at your own risk
JOIN US to discover more about FUTURES TRADING !!!
YouTube link:
https://www.youtube.com/channel/UCnOB_UmIXe3OTE2SgiK9kpg
Telegram link:
https://t.me/investorsdoctoracademy
Facebook link:
https://www.facebook.com/investorsdoctoracademy
Whatsapp link:
https://api.whatsapp.com/send?phone=601153537589