GCMAsia - GOLD

GOLD
2018-08-20
Resistance and Support | Level | Explanation |
Resistance | 1209.05 | Daily |
Support | 1130.00 | Daily |
GOLD_, Daily: Gold price was traded lower following prior breakout from previous support level 1209.00. MACD which display bullish signal suggest the pair may experience a short-term technical correction towards back the current resistance level 1209.00 before it may resume its major trend.
Resistance level: 1209.05, 1295.00
Support level: 1130.00, 1053.00