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220519 GOLD-Noon

by | May 22, 2019 | GOLD | 0 comments

GCMAsia - GOLD
GOLD_
GOLD_
2019-05-22

GOLD_, H4: Gold price was traded higher following recent rebound from the support level 1269.40. MACD which illustrate bullish momentum signal with the formation of golden cross suggest the commodity to extend its gains after it successfully breaks above the resistance level 1274.25.

 

Resistance level: 1274.25, 1279.10

Support level: 1269.40, 1262.75