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GCMAsia - GOLD
GOLD
GOLD
2018-08-03
Resistance and Support Level Explanation
Resistance 1214.00 H1
Support 1206.00 H1

GOLD_, H1: Gold price was traded lower following recent breakout below the support level 1214.00 and currently testing the support level 1206.00. Although MACD which illustrate ongoing bearish momentum, a breakout below the support level 1206.00 is required for further confirmation.

 

Resistance level: 1214.00, 1218.00

Support level: 1206.00, 1200.00