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050418 GOLD

by | Apr 5, 2018 | GOLD | 0 comments

GCMAsia - GOLD
GOLD_
GOLD_
2018-04-05
Resistance and Support Level Explanation
Resistance 1334.90 H4
Support 1327.90 H4

GOLD_, H4: Gold price was traded lower after breaking support level at 1334.90. Arrangement of bearish candlesticks and death-cross as displayed by MACD signal line would suggest the safe-haven asset price to extend its losses towards the support level at 1327.90.

Resistance level: 1334.90, 1337.70

Support level: 1327.90, 1321.10