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GCMAsia - GOLD
GOLD
GOLD
2018-10-03
Resistance and Support Level Explanation
Resistance 1208.45 H4
Support 1203.30 H4

GOLD, H4: Gold price was traded lower following prior retracement from the resistance level 1208.45. MACD which illustrate a persistent bullish momentum suggest the retracement to be a short-term technical correction.

 

Resistance level: 1208.45, 1212.65
Support level: 1203.30, 1196.00