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130519 GOLD_-Noon

by | May 13, 2019 | GOLD | 0 comments

GCMAsia - GOLD
GOLD_
GOLD_
2019-05-13

GOLD_, H4: Gold price remained traded in a sideway channel after retracing from the top-level at resistance level 1287.85. MACD which illustrate bearish momentum with the formation of death cross suggest gold to extend its retracement towards the support level 1277.30.

 

Resistance level: 1287.85, 1295.65

Support level: 1277.30, 1266.35