16/12/2019
*Gold Feb 20*
Previous Close: 1481.2 +8.9
Gold prices rose on last Friday as investors remained cautious about the developments in the US and China trade negotiations.
Hourly chart move within previous range, wait for more breakout.
*Classic Support & Resistance*
Resistance: 1492 1500
Support: 1465 1459
*Recommend Trading Plan for the day:*
1. Sell 1477.3, stop 1478.6, profit 1476/1474.7/1473.4
2. Buy 1482.6, stop 1481.3, profit 1483.9/1485.2/1486.5
*Margin Requirement (per lot)*
USD 4950
Micro: USD 495
Disclaimer: For idea sharing only, trade at your own risk
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