GCMAsia - GOLD
GOLD
2018-11-22
| Resistance and Support | Level | Explanation |
| Resistance | 1231.00 | H4 |
| Support | 1225.50 | H4 |
GOLD_, H4: Gold price was traded higher following prior breakout from previous resistance level at 1225.50. MACD which illustrate bullish momentum and the starting formation of golden cross suggest the commodity to extend its gains towards the resistance level 1231.00.
Resistance level: 1231.00, 1235.90
Support level: 1225.50, 1221.10