GCMAsia - GOLD
GOLD
2018-09-05
| Resistance and Support | Level | Explanation |
| Resistance | 1196.00 | H1 |
| Support | 1191.10 | H1 |
GOLD, H1: Gold price was traded higher following prior rebound from the support level 1191.10. Recent price movement and MACD which illustrate bullish momentum and the formation of a golden cross suggest the commodity to extend its rebound towards the resistance level 1196.00.
Resistance level: 1196.00, 1198.95
Support level: 1191.10, 1186.80