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GCMAsia - GOLD
GOLD
GOLD
2018-11-28
Resistance and Support Level Explanation
Resistance 1219.10 H4
Support 1214.10 H4

GOLD_, H4: Gold price was traded lower while currently testing near the support level 1214.10. MACD which illustrate diminishing bearish momentum suggest the commodity to undergo short-term technical correction and rebound from the support level.

 

Resistance level1219.10, 1224.05

Support level: 1214.10, 1208.15