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020919 GOLD-Noon

by | Sep 2, 2019 | GOLD | 0 comments

GCMAsia - GOLD
GOLD
GOLD

GOLD_, H4: Gold price was traded lower while currently testing near the support level 1519.00. However, MACD which illustrate diminishing bearish momentum suggest the commodity to be traded higher in short term as a technical correction towards the resistance level 1548.10.

 

Resistance level: 1548.10, 1588.40

Support level: 1519.00, 1488.85