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161020 GOLD

by | Oct 16, 2020 | GOLD | 0 comments

GCMAsia - GOLD
GOLD
GOLD
2020-10-16

GOLD_, H4: Gold price remain traded in a sideway channel. However, MACD which illustrate bullish bias signal with the formation of golden cross suggest the commodity to be traded higher in short term towards the resistance level 1917.50.

 

Resistance level: 1917.50, 1954.60

Support level: 1881.25, 1850.45