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.
GCMAsia - GOLD
GOLD_
GOLD_
2018-12-06
Resistance and Support Level Explanation
Resistance 1242.10 H1
Support 1237.25 H1

GOLD_, H1: Gold price extended gains following prior rebound and closure above 1237.25. MACD which illustrate persistent upward signal and momentum suggests its price to advance further up and retest near 1242.10.

Resistance level: 1242.10, 1253.00

Support level: 1237.25, 1228.00