27/12/2019
*Gold Feb 20*
Previous Close: 1514.4 +9.6
Gold prices hit 2 month high yesterday, continue its year end rally.
Hourly chart continue to rebound, above 1520 to trigger more upside, but be cautious as RSI in overbought.
*Classic Support & Resistance*
Resistance: 1525 1535
Support: 1510 1500
*Recommend Trading Plan for the day:*
1. Buy 1518.8, stop 1517.5, profit 1519.3/1520.6/1521.9
2. Sell 1517.2, stop 1518.5, profit 1515.9/1514.6/1513.3
*Margin Requirement (per lot)*
USD 4950
Micro: USD 495
Disclaimer: For idea sharing only, trade at your own risk
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