28 October 2019
22 OCTOBER 2019 GOLD PRICE ANALYSIS BY YLG BULLION SINGAPORE PTE LTD
BY YLG BULLION SINGAPORE PTE LTD
Resistance Level $ 1,495 $1,506 $1,519
– – – – – – – – – – – – – – – – – – – – –
– – – – – – – – – – – – – – – – – – – – –
Support Level $1474, $1,464 $1,450
Suggestion
A gold price decreased closer to a support level $1,477 – 1,474 an ounce. If a gold price can stand above that area, it tends to increase and test a resistance level at 1,491 – 1,495 an ounce. But if it cannot maintain that area, there might be shortly salesforce coming out again.
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