YLG Bullion International

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

BY YLG BULLION SINGAPORE PTE LTD

 

Resistance Level $ 1535, $1,544  $1,557

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Support Level  $1524, $1,515  $1,503

 

Suggestion

If gold price breaks through resistance level $1,535 an ounce, there might be buyforce to make the pressure on price moving to next $1,544 – 1,577 an ounce. If price cannot break through $1,535 an ounce but maintain above support level $1,524 – 1,515 an ounce, price still has chance to go up and test resistance level at $1,535 an ounce again.

 

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