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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

GOLD_, H4: Gold price remain traded in a sideway channel. However, MACD which illustrate bullish momentum signal with the formation of golden cross suggest the commodity to be traded higher in short term towards the resistance level 1807.85.

 

Resistance level: 1807.85, 1831.50

Support level: 1778.60, 1748.55