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010318 GOLD

by | Mar 1, 2018 | GOLD | 0 comments

GCMAsia - GOLD
GOLD_
GOLD_
2018-03-01
Resistance and Support Level Explanation
Resistance 1317.90 H1
Support 1305.85 H1

GOLD_, H1: Gold price was traded lower after breaking support level at 1317.90. MACD signal line that portrays a death-cross would suggest the safe-haven asset price to extend its losses towards the support level at 1305.85.

Resistance level: 1317.90, 1327.10

Support level: 1305.85, 1294.15