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GCMAsia - GOLD
GOLD_
GOLD_
2018-10-04
Resistance and Support Level Explanation
Resistance 1202.00 H4
Support 1192.00 H4

GOLD_, H4: Gold price was traded lower following prior retracement while currently testing near the 60-MA line (green). MACD which begins to form a death cross signal suggests the pair to extend its losses after closing below the 60-MA line.

 

Resistance level: 1202.00, 1210.60

Support level: 1192.00, 1184.00