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GCMAsia-GOLD
GOLD
GOLD
2021-04-05

GOLD_, H4: Gold price was traded higher after it recently breaks above the resistance level 1702.30 However, MACD which illustrate diminishing bullish momentum signal suggest the commodity to experience a technical correction back towards the level 1702.30.

 

Resistance level: 1742.20, 1767.45

Support level: 1702.30, 1677.25