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GCMAsia - GOLD
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