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GCMAsia - GOLD
GOLD
GOLD
2018-12-12
Resistance and Support Level Explanation
Resistance 1249.50 H4
Support 1241.50 H4

GOLD_, H4: Gold was traded higher following recent rebound from the support level 1241.50. MACD which illustrate diminishing bearish momentum suggest the commodity to extend its gains towards the resistance level 1249.50

 

Resistance level: 1249.50, 1255.25

Support level: 1241.50, 1234.00