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010519 GOLD-Noon

by | May 1, 2019 | GOLD | 0 comments

GCMAsia - GOLD
GOLD_
GOLD_
2019-05-01

GOLD_, H4: Gold price traded lower while currently testing the support level 1280.45. MACD which illustrate bearish bias signal with the formation of death cross suggest the commodity to extend its losses after it breaks below the support level.

 

Resistance level: 1287.00, 1296.40

Support level: 1280.45, 1271.80