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GCMAsia - GOLD
GOLD_
GOLD_
2018-12-17
Resistance and Support Level Explanation
Resistance 1237.25 H4
Support 1228.00 H4

GOLD_, H4: Gold price was traded lower following prior retracement from its previous high. MACD which illustrate persistent bearish signal suggests its prices to advance further down, towards the direction of upward trendline.

Resistance level: 1237.25, 1242.10

Support level: 1228.00, 1220.00