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GCMAsia - GOLD
GOLD
GOLD
2018-11-07
Resistance and Support Level Explanation
Resistance 1230.60 H1
Support 1225.25 H1

GOLD_, H1: Gold price was traded higher following prior rebound from support level 1225.25. MACD which illustrate bullish momentum with formation of golden cross suggest the pair to extend its rebound in short term towards the resistance level 1230.60

 

Resistance level: 1230.60, 1237.80

Support level: 1225.25, 1220.00