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GCMAsia - GOLD
GOLD_
GOLD_
2019-01-24
Resistance and Support Level Explanation
Resistance 1284.35 H1
Support 1280.00 H1

GOLD_, H1: Gold price remains traded within an ascending channel. However, MACD which has formed a death cross signal suggests its prices to extend its losses in short-term, towards the bottom level of the channel.

Resistance level: 1284.35, 1287.20

Support level: 1280.00, 1273.55