On Wednesday, Golden Agri broke the support at $0.535 and closed at $0.525 with HIGH volume of 0.245 billion shares traded.

Both RSI & MACD are bearish as RSI trend downwards.

Important Resistance of Golden Agri: $0.535

Immediate Support of Golden Agri: $0.52

Currently prices are well below 20/50/100/200 days MA.

Today prices broke the critical support at $0.535 with high selling pressure to end the consolidation mode since May13.

The resistance at $0.535 is expected to be strong.

We do not suggest buying now as it is under heavy selling pressure. Watch for any ease of selling at the support of $0.52 before entry will be better idea.

Important News

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