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Daily Chart Analysis

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Need to be alert to the retracement of high gold prices
2020/6/11
Rating agency Moody’s believes the situation after Brexit is not optimistic, The short-term attractiveness of gold will decline
2020/6/12

Daily Chart Analysis

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.

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