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GCMAsia-GOLD
GOLD
GOLD
2021-04-12

GOLD_, H4: Gold price was traded lower following prior retracement from the resistance level 1751.10. MACD which illustrate bearish bias signal with formation of death cross suggest the commodity to extend its retracement towards the support level 1725.70.

 

Resistance level: 1751.10, 1770.90

Support level: 1725.70, 1701.70