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100521 GOLD

by | May 9, 2021 | GOLD | 0 comments

GCMAsia-GOLD
GOLD
GOLD
2021-05-10

GOLD_, H4: Gold price was traded higher while currently testing the resistance level at 1841.65. However, MACD which illustrated diminishing bullish momentum suggest the commodity to be traded lower in short-term as technical correction.

 

Resistance level: 1841.65, 1869.80

Support level: 1811.50, 1794.40