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GCMAsia - GOLD
GOLD_
GOLD_
2018-10-25
Resistance and Support Level Explanation
Resistance 1238.35 H4
Support 1230.00 H4

GOLD_, H4: Gold price remains traded within an ascending channel while currently testing at the top level. MACD which begins to form a golden cross signal suggests the commodity price to advance further up after breaking the top level of the channel.

 

Resistance level: 1238.35, 1248.00

Support level: 1230.00, 1221.00