YLG Bullion International

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

by YLG Bullion Singapore Pte Ltd

 

Resistance Level $ 1419, $1,427  $1,439

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Support Level  $1400, $1,392  $1,385

 

Suggestion

 

It suggests that investor might hold for buying if gold price can reach $1,400 an ounce. If price rebounds, investors might sell positions for the profit around zone $1,415 – 1,419 an ounce. However, if it can pass through that above range, they might hold the position and wait to sell at the next resistance level.

 

 

 

 

 

 

 

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