YLG Bullion International

3 JULY 2019 GOLD PRICE ANALYSIS BY YLG BULLION SINGAPORE PTE LTD

by YLG Bullion Singapore Pte Ltd

 

Resistance Level $ 1439, $1,448  $1,460

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Support Level  $1421, $1,411 $1,405

 

Suggestion

 

If gold price increases closer to $1,439 but cannot pass that point, investors should be careful about salesfore for profit. Whilst gold price continues going up, there will be sale force coming out periodically. However, if the gold price becomes weaker but not lower than support level at 1,421 – 1,418 an ounce, it has chance to rebound again.

 

 

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