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GCMAsia - GOLD
GOLD
GOLD
2018-10-02
Resistance and Support Level Explanation
Resistance 1196.00 H1
Support 1191.10 H1

GOLD_, H1: Gold price was traded higher while currently testing the 38.2 psychological level at 1192.75. MACD which illustrate bullish momentum suggest the commodity to extend its gains after a breakout above the psychological level and the bearish trend line.

 

Resistance level: 1196.00, 1203.30

Support level: 1191.10, 1186.80