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231018 GOLD-Noon

by | Oct 23, 2018 | GOLD | 0 comments

GCMAsia - GOLD
GOLD
GOLD
2018-10-23
Resistance and Support Level Explanation
Resistance 1229.35 H1
Support 1225.05 H1

GOLD_, H1: Gold price remains traded within a sideway channel following prior breakout above the weak resistance level at 1225.05. MACD which illustrate bullish momentum suggest gold price to be traded higher after a breakout above the channel.

 

Resistance level: 1229.35, 1233.50

Support level: 1225.05, 1220.40