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291220 GOLD-Noon

by | Dec 29, 2020 | GOLD | 0 comments

GCMAsia-GOLD
GOLD
GOLD
2020-12-29

GOLD_, H4: Gold price was traded lower following prior retracement from the resistance level 1895.30. MACD which illustrate bearish momentum signal with the formation of death cross suggest the commodity to extend its retracement towards the support level 1852.80.

 

Resistance level: 1895.30, 1925.60

Support level: 1852.80, 1815.15.