GCMAsia - GOLD

GOLD_
2018-11-19
| Resistance and Support | Level | Explanation |
| Resistance | 1228.00 | H1 |
| Support | 1215.95 | H1 |

GOLD_, H1: Gold price was traded higher following prior breakout from the resistance level of 1215.95. However, MACD which illustrate the formation of death cross may suggests the commodity price to be traded lower in short-term as technical correction.
Resistance level: 1228.00, 1237.25
Support level: 1215.95, 1206.00