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250518 GOLD

by | May 25, 2018 | GOLD | 0 comments

GCMAsia - GOLD
GOLD_
GOLD_
2018-05-25
Resistance and Support Level Explanation
Resistance 1305.20 H1
Support 1300.50 H1

GOLD_, H1: Gold price was traded lower prior retracement from resistance level at 1305.20. Formation of death cross by MACD signal line would suggest the safe-haven asset price to extend its losses towards the support level at 1300.50.

Resistance level: 1305.20, 1310.40

Support level: 1300.50, 1296.30