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041120 GOLD

by | Nov 4, 2020 | GOLD | 0 comments

GCMAsia - GOLD
GOLD
GOLD
2020-11-04

GOLD_, H4: Gold price remain traded in sideway channel while currently testing near the resistance level 1919.00. However, MACD which illustrate persistent bullish momentum signal suggest the commodity to extend its gains after it breaks above the resistance level.

 

Resistance level: 1919.00, 1970.55

Support level: 1879.05, 1847.70