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310719 GOLD_

by | Jul 31, 2019 | GOLD | 0 comments

GCMAsia - GOLD
GOLD_
GOLD_
2019-07-31

GOLD_, H4: Gold price was traded higher following prior breakout above the previous resistance level 1421.40. However, MACD which illustrate diminishing bullish momentum suggest the commodity to experience a technical correction in short term towards the support level 1421.40.

 

Resistance level: 1437.95, 1457.10
Support level: 1421.40, 1403.15