GCMAsia - GOLD
GOLD
2018-08-08
| Resistance and Support | Level | Explanation |
| Resistance | 1213.00 | H1 |
| Support | 1206.00 | H1 |
GOLD_, H1: Gold price remain traded in symmetrical triangle following prior rebound from the bottom level of the triangle. Recent price action and MACD which signals bullish momentum with golden cross formation suggest the pair may be traded higher towards the top of the triangle.
Resistance level: 1213.00, 1218.00
Support level: 1206.00, 1200.00