GCMAsia - GOLD
GOLD_
2018-11-08
| Resistance and Support | Level | Explanation |
| Resistance | 1229.45 | H4 |
| Support | 1220.80 | H4 |
GOLD_, H4: Gold was traded lower following prior breakout from the previous support level at 1228.45. MACD which illustrate bearish momentum suggest the commodity to extend its losses toward the support level at 1220.80.
Resistance level: 1229.45, 1234.65
Support level: 1220.80, 1215.15