21OCTOBER 2019 GOLD PRICE ANALYSIS BY YLG BULLION SINGAPORE PTE LTD

BY YLG BULLION SINGAPORE PTE LTD

Resistance Level $ 1,498  $1,508   $1,519

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

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

Support Level  $1474, $1,464  $1,450

Suggestion

It suggests that investors should buy when price decreases but not lower than asupport level. If gold price can maintain above $1,477 – 1,474 an ounce, it still has chance to go up testing an upper resistance level at 1,498 an ounce again.

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