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170519 GOLD-Noon

by | May 17, 2019 | GOLD | 0 comments

GCMAsia - GOLD
GOLD_
GOLD_
2019-05-17

GOLD_, H4: Gold was traded higher following prior rebound from the lower level. MACD which illustrate diminishing bearish momentum suggest the commodity to extend its gains toward the resistance level at 1288.50.

 

Resistance level: 1288.50, 1293.20

Support level: 1278.45, 1272.45