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120517 GOLD

by | May 12, 2017 | GOLD | 0 comments

GCMAsia - GOLD
GOLD_
GOLD_
2017-05-12
Resistance and Support Level Explanation
Resistance 1233.30 H4
Support 1214.15 H4

GOLD_, H4: Gold price was traded higher following prior rebound while closing above the 20-moving average line (red). As MACD histogram continues to illustrate upward signal, it is expected to move further upwards, towards the target of resistance level of 1233.30.

 

Resistance level: 1233.30, 1245.15

Support level: 1214.15, 1202.00