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250418 GOLD

by | Apr 25, 2018 | GOLD | 0 comments

GCMAsia - GOLD
GOLD_
GOLD_
2018-04-25
Resistance and Support Level Explanation
Resistance 1334.30 H1
Support 1327.50 H1

GOLD_, H1: Gold price was traded higher after breaking resistance level at 1327.50. However, diminishing bullish momentum as shown by MACD would suggest the safe-haven asset price to extend its losses towards the support level at 1327.50.

Resistance level: 1334.30, 1338.80

Support level: 1327.50, 1321.60