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060420 GOLD-Noon

by | Apr 6, 2020 | GOLD | 0 comments

GCMAsia-GOLD
GOLD
GOLD
2020-04-06

GOLD_, H4: Gold price remain traded in a sideway channel. However, MACD which illustrate diminishing bullish momentum signal suggest the commodity to be traded lower in short term towards the support level 1575.60.

 

Resistance level: 1635.95, 1702.25

Support level: 1575.60, 1521.65