GCMAsia - GOLD

GOLD
2018-09-06
| Resistance and Support | Level | Explanation |
| Resistance | 1203.00 | H1 |
| Support | 1198.95 | H1 |

GOLD, H1: Gold price was traded higher following prior breakthrough above the resistance level 1198.95. Recent price movement and MACD which display persistent bullish signal suggest the commodity to extend its gains towards the resistance level 1203.00.
Resistance level: 1203.00, 1207.80
Support level: 1198.95, 1196.00