GCMAsia - GOLD

GOLD
2018-10-08
| Resistance and Support | Level | Explanation |
| Resistance | 1197.90 | H4 |
| Support | 1191.10 | H4 |

GOLD_, H4: Gold price was traded lower following prior breakout below the previous support level 1197.90. MACD which illustrate bearish momentum and the formation of a death cross suggest the commodity to extend its losses towards the support level 1191.10.
Resistance level: 1197.90, 1203.30
Support level: 1191.10, 1185.35