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290420 GOLD-Noon

by | Apr 29, 2020 | GOLD | 0 comments

GCMAsia - GOLD
GOLD
GOLD
2020-04-29

GOLD_, H4: Gold price was traded lower while currently testing near the support level 1699.50. However, MACD which illustrate diminishing bearish momentum suggest the commodity to experience a technical correction towards the resistance level 1736.00.

 

Resistance level: 1736.00, 1789.10

Support level: 1699.50, 1667.00.