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090719 GOLD

by | Jul 9, 2019 | GOLD | 0 comments

GCMAsia - GOLD
GOLD_
GOLD_
2019-07-09

GOLD_, H4: Gold price was traded lower following prior retracement from the resistance level 1403.15. However, MACD which illustrate diminishing bearish bias signal suggest the commodity to experience a technical correction in short term back towards the resistance level 1403.15.

 

Resistance level: 1403.15, 1421.40
Support level: 1386.35, 1370.00