26 MARCH 2019 GOLD PRICE ANALYSIS BY YLG BULLION SINGAPORE PTE LTD
Gold Price Analysis on Thursday 26 MARCH 2019
by YLG Bullion Singapore Pte Ltd
Resistance Level $ 1,333 $1,346 $1,357
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Support Level $ 1,311 $1,304 $1,293
The gold price has maintained in high level while there is not much salesforce. If the gold price can stand above $1,314 – 1,311 an ounce, it may rebound to test the resistance level $1,329 – 1,333 an ounce. If the price can stand above resistance level, the gold price might decrease to settlement again.
Suggestion
Investors may focus on short profit by buying when if gold price is not lower than $1,314 – 1,311 an ounce. If the price moves up but cannot pass $1,329 – 1,333 an ounce, investors should sell some position.
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