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GCMAsia - GOLD
GOLD
GOLD
2018-10-09
Resistance and Support Level Explanation
Resistance 1191.10 H4
Support 1185.35 H4

GOLD_, H4: Gold price was traded lower following prior retracement from the resistance level 1191.10. MACD which display persistent bearish momentum suggest the commodity to extend its losses towards the support level 1185.35.

 

Resistance level: 1191.10, 1197.90

Support level: 1185.35, 1173.60