Rakuten Trade Research Reports
Tradeplus Shariah Gold Tracker (GOLDETF, 0828EA)
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Publish date: Tue, 10 Mar 2020, 06:41 PM
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All materials published here are prepared by Rakuten Trade. For latest offers on Rakuten Trade products and news, please refer to: https://www.rakutentrade.my/
To sign up for an account: http://bit.ly/40BNqKI
Rakuten Trade
Hotline: +603 2110 7110 (Account Opening, General enquiry)
Email: customerservice@rakutentrade.my
Tradeplus Shariah Gold Tracker (0828EA)
• GOLDETF closed 3 sen or 1.3% higher to RM2.30 yesterday.
• Chart-wise, gold price is on an up-trend amidst current market volatility with investors seeking for safe haven. Hence investors may participate on the current trend or for diversification via the only listed Gold ETF on Bursa Malaysia.
• As such, resistance levels are expected at RM2.38 (R1) and further to RM2.45 (R2).
• On the contrary, support levels are identified at RM2.20 (S1) and RM2.09 (S2).
Source: Rakuten Research - 10 Mar 2020
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