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110520 GOLD_

by | May 11, 2020 | GOLD | 0 comments

GCMAsia - GOLD
GOLD
GOLD
2020-05-11

GOLD_, H4: Gold price was traded lower while currently testing the support level at 1699.75. MACD which illustrate diminishing bullish momentum signal suggest the commodity to extend its losses after it successfully breakout below the support level.

 

Resistance level: 1711.25, 1718.20

Support level: 1699.75, 1683.50