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040619 GOLD

by | Jun 4, 2019 | GOLD | 0 comments

GCMAsia - GOLD
GOLD_
GOLD_
2019-06-04

GOLD_, H4: Gold price was traded higher following prior breakout above previous resistance level 1323.10. However, MACD which illustrate diminishing bullish momentum signal suggest the commodity to be traded lower as a short term technical correction towards the support level 1323.10.

 

Resistance level: 1331.95, 1345.55

Support level: 1323.10, 1310.70