YLG Bullion International

15 MAY 2019 GOLD PRICE ANALYSIS BY YLG BULLION SINGAPORE PTE LTD

 

  

Gold Price Analysis on Wednesday 15 May 2019

 

by YLG Bullion Singapore Pte Ltd

 

Resistance Level $ 1,311 $1,324 $1,333

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

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

Support      Level  $ 1,292 $1,281 $1,272

 

 

       The price may decrease if the gold price cannot go through zone $1,307 – 1,311 an ounce. If the gold price can stand above support level $1,292 an ounce, the investors might see price’s rebounding to test upper resistance level again.

 

Suggestion

     Focusing on profit making from price’s fluctuation. If gold price tries to stand above support lever $ 1,292 an ounce, it might have a chance to move up testing the resistance level $1,307 – 1,311 an ounce again.

  

 

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