GCMAsia - 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