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210519 GOLD-Noon

by | May 21, 2019 | GOLD | 0 comments

GCMAsia - GOLD
GOLD_
GOLD_
2019-05-21

GOLD_, H4: Gold price was traded lower while currently testing the support level 1275.40. However, MACD which display diminishing bearish momentum suggest the commodity to undergo short-term technical correction and rebound towards the resistance level 1287.85.

 

Resistance level: 1287.85, 1295.65

Support level: 1275.40, 1266.35