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250521 GOLD-Noon

by | May 25, 2021 | GOLD | 0 comments

GCMAsia-GOLD
GOLD
GOLD
2021-05-25

GOLD_, H4: Gold price remain traded in a sideway channel following prior retracement from the resistance level 1887.60. MACD which illustrate bearish momentum signal suggest the commodity to extend its retracement towards the support level 1863.25.

 

Resistance level: 1887.60, 1909.22

Support level: 1863.25, 1846.00