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011018 GOLD

by | Oct 1, 2018 | GOLD | 0 comments

GCMAsia - GOLD
GOLD_
GOLD_
2018-10-01
Resistance and Support Level Explanation
Resistance 1192.00 H1
Support 1184.00 H1

GOLD_, H1: Gold price was traded lower following prior retrace from the trendline. MACD histogram which begins to form a death cross signal suggests the commodity price to be traded lower in short-term, towards the direction of 1184.00.

 

Resistance level: 1192.00, 1202.00

Support level: 1184.00, 1177.00