83% of retail investor accounts lose money when trading CFDs with this provider.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

030718 GOLD

by | Jul 3, 2018 | GOLD | 0 comments

GCMAsia - GOLD
GOLD_
GOLD_
2018-07-03
Resistance and Support Level Explanation
Resistance 1246.00 H1
Support 1240.00 H1

GOLD_, H1: Gold price remains traded within a descending channel while currently testing at the bottom level. Both MA line which continues to expand downwards suggest the commodity price to extend its losses after breaking the support level at 1240.00.

 

Resistance level: 1246.00, 1249.15

Support level: 1240.00, 1234.50