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GCMAsia - GOLD
GOLD
GOLD
2019-02-19

GOLD_, H4: Gold price was traded higher following recent breakout above the resistance level 1323.15. However, MACD which display diminishing bullish momentum suggest the commodity to experience a short-term technical correction towards the support level 1323.15.

 

Resistance level: 1329.15, 1340.55

Support level: 1323.15, 1315.50