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GCMAsia - GOLD
GOLD
GOLD
2018-08-10
Resistance and Support Level Explanation
Resistance 1214.00 H1
Support 1207.00 H1

GOLD_, H1: Gold price remain traded in symmetrical triangle following recent retracement from the top level of the triangle. Due to the lack of signal and momentum in the market, it is suggested to remain neutral and wait until further clear signal appears such as breakout at top or bottom of the triangle before entering the market.

 

Resistance level: 1214.00, 1219.00

Support level: 1207.00, 1204.00