YLG Bullion International

24 SEPTEMBER 2019 GOLD PRICE ANALYSIS BY YLG BULLION SINGAPORE PTE LTD

BY YLG BULLION SINGAPORE PTE LTD

 

Resistance Level $ 1526, $1,535  $1,544

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Support Level  $1506, $1,492  $1,488

 

Suggestion

 

Gold price cannot pass $1,524 – 1,526 an ounce, there might be short salesforce out to make the gold price resettle $1,510 – 1,506 an ounce again. Initially, the gold price swings within frame and tries to maintain itself. If the gold price can stand above that price, there will be rebound to test upper resistance level.

 

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