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GCMAsia - GOLD
GOLD_
GOLD_
2018-10-17
Resistance and Support Level Explanation
Resistance 1228.00 H4
Support 1218.00 H4

GOLD_, H4: Gold price was traded lower following prior retrace from the upper levels. MACD which illustrate the formation of death cross signal suggests the commodity price to extend its losses after closing below the 20-MA line (red).

 

Resistance level: 1228.00, 1237.00

Support level: 1218.00, 1210.60