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050520 GOLD_

by | May 5, 2020 | GOLD | 0 comments

GCMAsia - GOLD
GOLD
GOLD
2020-05-05

GOLD_, H4: Gold price was traded lower following prior retracement from the resistance level at 1711.25. MACD which illustrate diminishing bullish momentum signal suggest the commodity to be traded lower toward the support level at 1699.75.

 

Resistance level: 1711.25, 1718.20

Support level: 1699.75, 1683.50