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251019 GOLD

by | Oct 25, 2019 | GOLD | 0 comments

GCMAsia - GOLD
GOLD
GOLD
2019-10-25

GOLD_, H4: Gold price was traded higher following prior rebound from the MA line. However, MACD which illustrate diminishing bullish momentum signal suggest the commodity to experience a short term technical correction towards the support level 1481.30.

 

Resistance level: 1514.60, 1535.10

Support level: 1481.30, 1455.85