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150620 GOLD-Noon

by | Jun 15, 2020 | GOLD | 0 comments

GCMAsia-GOLD
GOLD
GOLD
2020-06-15

GOLD_, H4: Gold price was traded lower following prior retracement from the resistance level 1736.80. MACD which illustrate bearish momentum signal with the formation of death cross suggest the pair to extend its retracement towards the support level 1701.70.

 

Resistance level: 1736.80, 1761.25

Support level: 1701.70, 1676.00