GCMAsia - GOLD
GOLD
2018-10-12
| Resistance and Support | Level | Explanation |
| Resistance | 1225.00 | H1 |
| Support | 1217.80 | H1 |
GOLD_, H1: Gold price was traded lower while currently testing the support level 1217.80. MACD which display bearish momentum and the formation of death cross suggest the commodity to extend its losses after a breakout below the support level.
Resistance level: 1225.00, 1231.10
Support level: 1217.80, 1210.35