GCMAsia - GOLD
GOLD
2018-08-02
| Resistance and Support | Level | Explanation |
| Resistance | 1226.00 | H1 |
| Support | 1218.00 | H1 |
GOLD_, H1: Gold price remain traded in a sideway channel following a failed attempt for breakout below the support level 1218.00 and back to the sideway zone. MACD which display bullish signal with golden cross suggest the pair may be traded higher towards the resistance level 1226.00.
Resistance level: 1226.00, 1233.00
Support level: 1218.00, 1214.00