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311219 GOLD

by | Dec 31, 2019 | GOLD | 0 comments

GCMAsia-GOLD
GOLD
GOLD
2019-12-31

GOLD_, H4: Gold price was traded higher while currently testing the resistance level at 1517.00. However, MACD which illustrated increasing bearish momentum suggest the commodity to be traded lower in short-term as technical correction.

 

Resistance level: 1517.00, 1531.60

Support level: 1488.25, 1462.60