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GCMAsia - GOLD
GOLD_
GOLD_
2018-10-31
Resistance and Support Level Explanation
Resistance 1229.05 H4
Support 1220.25 H4

GOLD_, H4: Gold price was traded lower following prior breakout from the bottom level of the ascending channel. MACD which illustrate bearish signal suggests the commodity price to extend its losses after closing below 1220.25.

 

Resistance level: 1229.05, 1237.00

Support level: 1220.25, 1213.15