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151119 GOLD_-Noon

by | Nov 15, 2019 | GOLD | 0 comments

GCMAsia - GOLD
GOLD_
GOLD_
2019-11-15

GOLD_ H4: Gold price was traded lower following prior retracement from the MA line 50 (blue). MACD which display diminishing bullish momentum signal suggest the commodity to extend its retracement towards the support level 1460.00.

 

Resistance level: 1480.50, 1497.00

Support level: 1460.00, 1445.70.