GCMAsia - GOLD

GOLD
2018-09-10
| Resistance and Support | Level | Explanation |
| Resistance | 1216.85 | Daily |
| Support | 1182.30 | Daily |

GOLD_, Daily: Gold price was traded lower following prior retracement from the resistance level 1216.85. Recent price action and MACD which illustrate a diminished bullish momentum suggest the commodity to extend its losses towards the support level 1182.30.
Resistance level: 1216.85, 1240.60
Support level: 1182.30, 1158.80