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240521 GOLD-Noon

by | May 24, 2021 | GOLD | 0 comments

GCMAsia-GOLD
GOLD
GOLD
2021-05-24

GOLD_, H4: Gold price remain traded in a sideway channel while currently testing near the resistance level 1887.60. However, MACD which illustrate diminishing bearish momentum suggest the commodity to be traded higher after it breaks above the resistance level.

 

Resistance level: 1887.60, 1909.20

Support level: 1863.25, 1846.00