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230519 GOLD-Noon

by | May 23, 2019 | GOLD | 0 comments

GCMAsia - GOLD
GOLD_
GOLD_
2019-05-23

GOLD_, H4: Gold price was traded lower following prior retracement from the resistance level 1275.40. MACD which illustrate diminishing bullish momentum suggest gold to extend its retracement towards the support level 1266.35.

 

Resistance level: 1275.40, 1282.30

Support level: 1266.35, 1253.25