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GCMAsia - GOLD
GOLD_
GOLD_
2017-06-14
Resistance and Support Level Explanation
Resistance 1273.00 H1
Support 1267.60 H1

GOLD_, H1: Gold price was traded higher following prior closure above the 23.6 Fibonacci level at 1267.60. Referring to MACD histogram which illustrate persistent upward signal and momentum, gold price may extend its technical correction and move further up towards the resistance level of 1273.00.

 

Resistance level: 1273.00, 1277.40

Support level: 1267.60, 1263.00

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