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101220 GOLD

by | Dec 10, 2020 | GOLD | 0 comments

GCMAsia-GOLD
GOLD
GOLD
2020-12-10

GOLD_, H1: Gold price was traded lower following prior retracement from the resistance level at 1841.50. However, MACD which illustrated diminishing bearish momentum suggest the commodity to be traded higher in short-term as technical correction.

 

Resistance level: 1841.50, 1858.10

Support level: 1829.45, 1816.45