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GCMAsia - GOLD
GOLD_
GOLD_
2018-10-12
Resistance and Support Level Explanation
Resistance 1228.00 H1
Support 1218.00 H1

GOLD_, H1: Gold price was traded lower following prior retrace from the resistance level near 1228.00. MACD which illustrate diminished upward momentum suggests the commodity price to be traded lower in short-erm as technical correction.

 

Resistance level: 1228.00, 1237.00

Support level: 1218.00, 1210.60