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051020 GOLD-Noon

by | Oct 5, 2020 | GOLD | 0 comments

GCMAsia - GOLD
GOLD
GOLD
2020-10-05

GOLD_, H4: Gold price was traded lower following prior retracement from the resistance level 1903.75. MACD which illustrate bearish bias signal with the formation of death cross suggest the commodity to extend its retracement towards the support level 1854.20.

 

Resistance level: 1903.75, 1970.55

Support level: 1854.20, 1790.05