GCMAsia - GOLD
GOLD
2018-09-07
| Resistance and Support | Level | Explanation |
| Resistance | 1203.00 | H1 |
| Support | 1198.95 | H1 |
GOLD, H1: Gold price was traded higher following prior breakout above the previous resistance level 1198.95. Recent price action and MACD which signals a bullish bias suggest the commodity to extend its gains after a breakout above the resistance level 1203.00.
Resistance level: 1203.00, 1207.80
Support level: 1198.95, 1196.00