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GCMAsia - GOLD
GOLD_
GOLD_
2017-09-26
Resistance and Support Level Explanation
Resistance 1321.35 H4
Support 1299.05 H4

GOLD_, H4: Gold price was traded higher prior breaking above resistance level at 1299.05 and 200-MA line. Upward slope of MACD histogram suggests gold price to continue its momentum to trade higher toward the next resistance level at 1321.35.

Resistance level: 1321.35, 1334.85

Support level: 1299.05, 1289.80