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051219 GOLD_-Noon

by | Dec 5, 2019 | GOLD | 0 comments

GCMAsia - GOLD
GOLD_
GOLD_
2019-12-05

GOLD_, H4: Gold price was traded higher following prior rebound from the support level 1471.65. However, MACD which illustrate bearish signal with the starting formation of death cross suggest the commodity to undergo technical correct in short term.

 

Resistance level: 1480.95, 1484.70

Support level: 1471.65, 1464.05