COMEX Gold Update

Daily Futures Commentaries: [Comex Gold] 9/12/2019 - Sharp correction and back to range, testing 1460 support

InvestorsDoctor
Publish date: Mon, 09 Dec 2019, 03:05 PM
InvestorsDoctor
0 1,969
To get timely information on local and foreign futures markets, join us on telegram & Facebook.

Join link: https://t.me/investorsdoctoracademy

Facebook: https://m.facebook.com/investorsdoctoracademy/
Following Message


9/12/2019
 
*Gold Feb 20*
 
Previous Close: 1465.1 -18
 
Gold slid 1% on last Friday as strong US jobs data renewed bets the Federal Reserve would hold pat on interest rates.
 
Hourly chart formed a sharp retracement and back into previous range, now testing rebound from oversold.
 
*Classic Support & Resistance* 
Resistance: 1473 1486
Support:  1459 1446
 
*Recommend Trading Plan for the day:* 
1. Buy 1466, stop 1464.7, profit 1467.3/1468.6/1469.9
2. Sell 1463, stop 1464.3, profit 1461.7/1460.4/1459.1
 
*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
More articles on COMEX Gold Update
Daily Futures Commentaries: [Comex Gold] 31/12/2019 - Hit more than 3 month high, above 1530 for more upside

Created by InvestorsDoctor | Dec 31, 2019

Daily Futures Commentaries: [Comex Gold] 30/12/2019 - Hit 2 month high, above 1520 for more upside

Created by InvestorsDoctor | Dec 30, 2019

Daily Futures Commentaries: [Comex Gold] 27/12/2019 - Hit 2 month high, above 1520 for more upside

Created by InvestorsDoctor | Dec 27, 2019

Daily Futures Commentaries: [Comex Gold] 26/12/2019 - Hit more than 1 month high, above 1510 for more upside

Created by InvestorsDoctor | Dec 26, 2019

Daily Futures Commentaries: [Comex Gold] 24/12/2019 - Testing rebound, above 1492 for more upside

Created by InvestorsDoctor | Dec 24, 2019

Daily Futures Commentaries: [Comex Gold] 23/12/2019 - Move in range, wait for more breakout

Created by InvestorsDoctor | Dec 23, 2019

Daily Futures Commentaries: [Comex Gold] 20/12/2019 - Move in range, wait for more breakout

Created by InvestorsDoctor | Dec 20, 2019

Daily Futures Commentaries: [Comex Gold] 19/12/2019 - Move in range, wait for more breakout

Created by InvestorsDoctor | Dec 19, 2019

Daily Futures Commentaries: [Comex Gold] 18/12/2019 - Move in range, wait for more breakout

Created by InvestorsDoctor | Dec 18, 2019

Daily Futures Commentaries: [Comex Gold] 17/12/2019 - Move in range, wait for more breakout

Created by InvestorsDoctor | Dec 17, 2019

Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment