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GCMAsia - GOLD
GOLD
GOLD
2018-10-10
Resistance and Support Level Explanation
Resistance 1192.00 H1
Support 1184.00 H1

GOLD_, H1: Gold price was traded higher following prior rebound from the support level near 1184.00. MACD which illustrate the formation of positive divergence suggests the pair to extend its gains after breaking the resistance near 1192.00.

 

Resistance level: 1192.00, 1202.00

Support level: 1184.00, 1177.00