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300318 GOLD

by | Mar 30, 2018 | GOLD | 0 comments

GCMAsia - GOLD
GOLD_
GOLD_
2018-03-30
Resistance and Support Level Explanation
Resistance 1326.90 H1
Support 1321.10 H1

GOLD_, H1: Gold price was traded higher prior rebound from support level at 1321.10. Positive divergence as displayed by MACD signal line would suggest the safe-haven asset price to extend its gains if breakout at the resistance level at 1326.90 is successful.

Resistance level: 1326.90, 1334.90

Support level: 1321.10, 1316.10