YLG Bullion International

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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