YLG Bullion International

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

BY YLG BULLION SINGAPORE PTE LTD

 

Resistance Level $ 1,511  $1,524   $1,535

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Support Level  $1487, $1,476  $1,464

 

Suggestion

If gold price can stand above $1,493 – 1,487 an ounce, investors might open a buy position but cut loss if gold price is lower than $1,476. The investors might sell for the profit if it cannot pass $1,511 an ounce.

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