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GCMAsia - GOLD
GOLD_
GOLD_
2018-11-26
Resistance and Support Level Explanation
Resistance 1228.00 H4
Support 1220.00 H4

GOLD_, H4: Gold price remains traded within a sideways channel following prior rebound from the bottom level. MACD which continues to illustrate bearish signal suggests its prices to extend its losses after closing below 1220.00.

 

Resistance level: 1228.00, 1237.25

Support level: 1220.00, 1215.95