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041017 GOLD

by | Oct 4, 2017 | GOLD | 0 comments

GCMAsia - GOLD
GOLD_
GOLD_
2017-10-04
Resistance and Support Level Explanation
Resistance 1281.05 H1
Support 1270.65 H1

GOLD_, H1: Gold price was traded higher following prior rebound from the support level of 1270.65. MACD indicator which illustrate substantial upward signal suggests gold price to extend its short-term upside bias towards the next target at 1281.05.

 

Resistance level: 1281.05, 1290.00

Support level: 1270.65, 1263.00