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GCMAsia - GOLD
GOLD
GOLD
2018-12-27
Resistance and Support Level Explanation
Resistance 1237.50 H1
Support 1267.00 H1

GOLD_, H1: Gold price was traded higher following prior rebound from the support level 1267.00. MACD which display diminishing bearish momentum suggest gold to extend its rebound towards the resistance level 1273.50.

 

Resistance level: 1273.50, 1278.00

Support level: 1267.00, 1262.90