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GCMAsia - GOLD
GOLD_
GOLD_
2019-01-22
Resistance and Support Level Explanation
Resistance 1280.00 H1
Support 1273.55 H1

GOLD_, H1: Gold price was traded lower following prior closure below the support level of 1280.00. MACD which illustrate diminished upward momentum suggests its prices to advance further down, towards the direction of 1273.55.

Resistance level: 1280.00, 1284.35

Support level: 1273.55, 1263.20