GCMAsia - GOLD

GOLD_
2018-10-08
| Resistance and Support | Level | Explanation |
| Resistance | 1202.00 | H1 |
| Support | 1192.00 | H1 |

GOLD_, H1: Gold price remains traded within a narrowing triangle while currently testing at the bottom level. MACD which has formed a death cross signal suggests the commodity price to advance further down after breaking the bottom level of the triangle.
Resistance level: 1202.00, 1210.60
Support level: 1192.00, 1184.00