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290519 GOLD-Noon

by | May 29, 2019 | GOLD | 0 comments

GCMAsia - GOLD
GOLD_
GOLD_
2019-05-29

GOLD_, H4: Gold price was traded lower while currently testing near the support level 1279.05. However, MACD which illustrate diminishing bearish momentum suggest the commodity to be traded higher as a technical correction in short term towards the resistance level 1287.50.

 

Resistance level: 1287.50, 1294.15

Support level: 1279.05, 1272.80