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GCMAsia - GOLD
GOLD_
GOLD_
2017-06-15
Resistance and Support Level Explanation
Resistance 1270.00 H4
Support 1258.50 H4

GOLD_, H4: Gold price remained traded within a descending triangle following prior rebound from the bottom level at 1258.50. Recent rebound suggests gold price to extend its retracements towards the first target at 1270.00.

 

Resistance level: 1270.00, 1281.80

Support level: 1258.50, 1247.50

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