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110418 GOLD

by | Apr 11, 2018 | GOLD | 0 comments

GCMAsia - GOLD
GOLD_
GOLD_
2018-04-11
Resistance and Support Level Explanation
Resistance 1342.80 H1
Support 1337.70 H1

GOLD_, H1: Gold price was traded lower prior retracement from resistance level at 1342.80. Diminishing bullish momentum as displayed by MACD histogram would suggest the safe-haven asset price to extend its losses if breakout at the trend line is successful.

Resistance level: 1342.80, 1346.90

Support level: 1337.70, 1334.90