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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

GOLD_, H4: Gold price was traded higher following prior breakout above the previous resistance level at 1813.05. MACD which illustrated diminishing bearish momentum suggest the commodity to extend its gains toward resistance level at 1832.25.

 

Resistance level: 1832.25, 1851.85

Support level: 1813.05, 1789.00