GCMAsia - GOLD

GOLD
2018-08-09
| Resistance and Support | Level | Explanation |
| Resistance | 1214.00 | H1 |
| Support | 1207.00 | H1 |

GOLD_, H1: Gold price remain traded in symmetrical triangle while currently testing the top level of the triangle and resistance level 1214.00. Although MACD which indicate ongoing bullish momentum, a breakout above the triangle and resistance level 1214.00 is required for further confirmation.
Resistance level: 1214.00, 1219.00
Support level: 1207.00, 1204.00