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161220 GOLD

by | Dec 16, 2020 | GOLD | 0 comments

GCMAsia-GOLD
GOLD
GOLD
2020-12-16

GOLD_, H4: Gold price remain traded in a sideway channel while currently testing the resistance level 1850.45. However, MACD which illustrate bullish momentum signal suggest the commodity to be traded higher after it breaks above the resistance level.

 

Resistance level: 1850.45, 1881.25

Support level: 1815.15, 1769.75