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201020 GOLD-Noon

by | Oct 20, 2020 | GOLD | 0 comments

GCMAsia-GOLD
GOLD
GOLD
2020-10-20

GOLD_, H4: Gold price was traded lower following prior retracement from the resistance level 1909.45. MACD which illustrated diminishing bullish momentum suggest the commodity to extend its losses toward support level at 1889.85.

 

Resistance level: 1909.45, 1928.25

Support level: 1889.85, 1854.50