YLG Bullion International

10 JULY 2019 GOLD PRICE ANALYSIS BY YLG BULLION SINGAPORE PTE LTD

by YLG Bullion Singapore Pte Ltd

 

Resistance Level $ 1411, $1,427  $1,439

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– – – – – – – – – – – – – – – – – – – – –

Support Level  $1381, $1,374 $1,363

 

Suggestion

Investors may reduce their positions if gold price move up testing $1409-1,411 an ounce and wait to buy for profit when gold price decrease to support 1,386 – 1,381 an ounce (cut loss if price is lower than mentioned support level). The investor should be cautious on the fluctuation of price after statement from the Federal Reserve.

 

 

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