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100519 GOLD

by | May 10, 2019 | GOLD | 0 comments

GCMAsia - GOLD
GOLD_
GOLD_
2019-05-10

GOLD_, H4: Gold price was traded lower following recent retracement from the resistance level 1287.00. However, due to lack of momentum and clear direction from MACD, a breakout above the resistance level 1287.00 or below the support level 1278.10 is required to attain further confirmation before entering the market.

 

Resistance level: 1287.00, 1296.40

Support level: 1279.10, 1269.40