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120219 GOLD-Noon

by | Feb 12, 2019 | GOLD | 0 comments

GCMAsia - GOLD
GOLD
GOLD
2019-02-12

GOLD_, H4: Gold price was traded lower following prior retracement from the resistance level 1315.00. MACD which display bearish momentum and the formation of death cross suggest gold to extend its retracement towards the support level 1305.00.

 

Resistance level: 1315.00, 1325.00

Support level: 1305.00, 1295.00