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GCMAsia - GOLD
GOLD_
GOLD_
2018-05-29
Resistance and Support Level Explanation
Resistance 1300.00 H1
Support 1296.00 H1

GOLD_, H1: Gold price remains traded in an uptrend while currently testing at the strong threshold of 1300.00. MACD histogram and Stochastic Oscillator which illustrate upward signal suggests bullish bias. However, a successful close above 1300.00 is required to attain further validation.

 

Resistance level: 1300.00, 1308.00

Support level: 1296.00, 1288.50