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261018 GOLD

by | Oct 26, 2018 | GOLD | 0 comments

GCMAsia - GOLD
GOLD_
GOLD_
2018-10-26
Resistance and Support Level Explanation
Resistance 1233.00 H1
Support 1230.00 H1

GOLD_, H1: Gold price remains traded within a narrowing triangle while currently testing at the lower levels. Stochastic Oscillator which illustrate bearish signal suggests its price to extend its losses after breaking the bottom level of the triangle.

 

Resistance level: 1233.30, 1238.35

Support level: 1230.00, 1225.00