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160517 GOLD

by | May 16, 2017 | GOLD | 0 comments

GCMAsia - GOLD
GOLD_
GOLD_
2017-05-16
Resistance and Support Level Explanation
Resistance 1233.30 H4
Support 1215.15 H4

GOLD_, H4: Gold price was traded higher following prior rebound an closure above the 60-moving average line (green). A successful closure above the resistance level of 1233.30 would suggest gold price to extend its upward momentum thereafter.

 

Resistance level: 1233.30, 1245.15

Support level: 1215.15, 1202.00