COMEX Gold Update
Daily Futures Commentaries: [Comex Gold] 17/12/2019 - Move in range, wait for more breakout
InvestorsDoctor
Publish date: Tue, 17 Dec 2019, 11:24 AM
InvestorsDoctor
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17/12/2019
*Gold Feb 20*
Previous Close: 1480.6 -0.6
Gold held steady yesterday despite equities market hit a record high.
Hourly chart move within previous range, wait for more breakout.
*Classic Support & Resistance*
Resistance: 1492 1496
Support: 1469 1465
*Recommend Trading Plan for the day:*
1. Buy 1484, stop 1482.7, profit 1485.3/1486.6/1487.9
2. Sell 1477.3, stop 1478.6, profit 1476/1474.7/1473.4
*Margin Requirement (per lot)*
USD 4950
Micro: USD 495
Disclaimer: For idea sharing only, trade at your own risk
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