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GCMAsia - GOLD
GOLD
GOLD
2018-11-19
Resistance and Support Level Explanation
Resistance 1222.50 H4
Support 1213.50 H4

GOLD_, H4: Gold was traded lower following recent retracement from the resistance level 1222.50. MACD which illustrate bearish momentum suggest the pair to extend its retracement towards the support level 1213.50.

 

Resistance level: 1222.50, 1230.75

Support level: 1213.50, 1204.00