COMEX Gold Update

Daily Futures Commentaries: [Comex Gold] 10/12/2019 - Move into range, wait for more breakout

InvestorsDoctor
Publish date: Tue, 10 Dec 2019, 11:24 AM
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10/12/2019
 
*Gold Feb 20*
 
Previous Close: 1464.9 -0.2
 
Gold mostly unchanged yesterday, as uncertainty over US-China trade talks took center stage ahead of a Dec 15 deadline for fresh US tariffs.
 
Hourly chart move in range, wait for more breakout
 
*Classic Support & Resistance* 
Resistance: 1473 1486
Support:  1459 1446
 
*Recommend Trading Plan for the day:* 
1. Trade in range 1460-1470
 
*Margin Requirement (per lot)* 
USD 4950
Micro: USD 495
 
Disclaimer: For idea sharing only, trade at your own risk
 
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