GCMAsia - GOLD
GOLD_
2018-07-19
| Resistance and Support | Level | Explanation |
| Resistance | 1228.55 | H1 |
| Support | 1226.50 | H1 |
GOLD_, H1: Gold price was traded lower following prior retrace from the threshold of 1228.55. MACD histogram which illustrate diminishing upward momentum suggests the commodity price to advance further down after closing below 1226.50.
Resistance level: 1228.55, 1233.70
Support level: 1226.50, 1222.00