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011118 GOLD-Noon

by | Nov 1, 2018 | GOLD | 0 comments

GCMAsia - GOLD
GOLD
GOLD
2018-11-01
Resistance and Support Level Explanation
Resistance 1220.40 H4
Support 1215.10 H4

GOLD_, H4: Gold price was traded higher while currently testing the resistance level 1220.40. MACD which illustrate diminished bearish momentum suggest the commodity to extend its gains after a breakout above the resistance level.

 

Resistance level: 1220.40, 1225.05

Support level: 1215.10, 1207.10