YLG Bullion International

6 JUNE 2019 GOLD PRICE ANALYSIS BY YLG BULLION SINGAPORE PTE LTD

 

  

Gold Price Analysis on Thursday 6 June 2019

 

by YLG Bullion Singapore Pte Ltd

 

Resistance Level $ 1,346 $1,357 $1,366

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Support      Level  $ 1,324 $1,311 $1,303

 

 

      If the gold price can stand above the support zone of 1,324 dollars per ounce Causing the price to push up to 1,344-1,346 dollars per ounce However, in the above zones Be aware of the profit-taking force after yesterday’s sell-offs in the zone. For today, estimate the next resistance at 1,357 dollars per ounce.

 

Suggestion

    Speculation according to the price frame Buy status if the price can stand above 1,324 dollars per ounce. And to gradually make profit if the price does not stand above 1,344-1,346 dollars per ounce.

 

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