Need to be alert to the retracement of high gold prices
2020/6/11Rating agency Moody’s believes the situation after Brexit is not optimistic, The short-term attractiveness of gold will decline
2020/6/12
1. Range bound 1680 - 1640
|
Resistance / Support |
Remarks |
Resistance 3 |
1766 |
Previous peak |
Resistnace 2 |
1750 |
- |
Resistance 1 |
1740 |
Yesterday's high |
Market Price |
1726 |
@ 12:12 |
Support 1 |
1720 |
5 Days MA + 20 days MA |
|
Support 2 |
1710 |
50 days MA |
Support 3 |
1700 |
-/td>
|
*Risk Warning: Trading on bullion with margin carries a high degree of risk.