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061219 GOLD_-Noon

by | Dec 6, 2019 | GOLD | 0 comments

GCMAsia - GOLD
GOLD_
GOLD_
2019-12-06

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

 

Resistance level: 1480.95, 1484.70

Support level: 1471.65, 1464.05