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051218 GOLD_

by | Dec 5, 2018 | GOLD | 0 comments

GCMAsia - GOLD
GOLD_
GOLD_
2018-12-05
Resistance and Support Level Explanation
Resistance 1237.25 H1
Support 1228.00 H1

GOLD_, H1: Gold price was traded lower following prior retracement from the resistance level near 1242.10. MACD which illustrate bearish signal suggests its price to extend its losses in short-term as technical correction.

Resistance level: 1237.25, 1242.10

Support level: 1228.00, 1220.00