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GCMAsia - GOLD
GOLD
GOLD
2019-01-25
Resistance and Support Level Explanation
Resistance 1284.35 H1
Support 1280.00 H1

GOLD_, H1: Gold price remains traded within a sideways channel following prior rebound from the lower level. MACD which has formed a golden cross signal suggests its prices to be traded higher in short-term.

 

Resistance level: 1284.35, 1287.20

Support level: 1280.00, 1277.45