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240519 GOLD-Noon

by | May 24, 2019 | GOLD | 0 comments

GCMAsia - GOLD
GOLD_
GOLD_
2019-05-24

GOLD_, H4: Gold price was traded lower following prior retracement from its high level. MACD which illustrate diminishing bullish momentum suggest the commodity to extend its retracement towards the support level 1279.10.

 

Resistance level: 1289.40, 1294.15

Support level: 1279.10, 1272.80