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040418 GOLD

by | Apr 4, 2018 | GOLD | 0 comments

GCMAsia - GOLD
GOLD_
GOLD_
2018-04-04
Resistance and Support Level Explanation
Resistance 1334.90 H4
Support 1327.90 H4

GOLD_, H4: Gold price was traded lower after breaking support level at 1334.90. Death-cross as displayed by MACD signal line would suggest downside bias for the commodity price yet confirmation from candlestick pattern is required to reaffirm the direction.

Resistance level: 1334.90, 1337.70

Support level: 1327.90, 1321.10