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270519 GOLD-Noon

by | May 27, 2019 | GOLD | 0 comments

GCMAsia - GOLD
GOLD_
GOLD_
2019-05-27

GOLD_, H4: Gold price was traded higher while currently retest the resistance level 1287.50. However, MACD which display diminishing bullish momentum suggest the commodity to experience a short-term technical correction towards the support level 1279.10.

 

Resistance level: 1287.50, 1294.15

Support level: 1279.10, 1272.80