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280519 GOLD-Noon

by | May 28, 2019 | GOLD | 0 comments

GCMAsia - GOLD
GOLD_
GOLD_
2019-05-28

GOLD_, H4: Gold price was traded lower following prior retracement from the resistance level 1287.50. MACD which illustrate bearish momentum signal with the starting formation of death cross suggest the commodity to extend its retracement towards the support level 1279.05.

 

Resistance level: 1287.50, 1294.15

Support level: 1279.05, 1272.80