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201218 GOLD_

by | Dec 20, 2018 | GOLD | 0 comments

GCMAsia - GOLD
GOLD_
GOLD_
2018-12-20
Resistance and Support Level Explanation
Resistance 1246.15 H1
Support 1241.35 H1

GOLD_, H1: Gold price was traded higher following prior rebound from the support level at 1241.35. MACD which illustrate diminishing bearish momentum suggest the pair to extend its gains toward the resistance level at 1246.15.

Resistance level: 1246.15, 1251.05

Support level: 1241.35, 1234.25