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GCMAsia - GOLD
GOLD_
GOLD_
2018-06-04
Resistance and Support Level Explanation
Resistance 1300.00 Daily
Support 1285.95 Daily

GOLD_, Daily: Gold price remained under pressure following prior retracement from the downward trendline. Both MA lines which continues to expand downwards suggests its prices to extend its losses, towards the support level at 1285.95.

 

Resistance level: 1300.00, 1312.70

Support level: 1285.95, 1266.90