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GCMAsia - GOLD
GOLD
GOLD
2018-08-13
Resistance and Support Level Explanation
Resistance 1233.00 Daily
Support 1206.00 Daily

GOLD_, Daily: Gold price was traded lower while currently retest the support level 1206.00. Although MACD which illustrate bullish signal with positive divergence, a new bullish candle formation on the next candle and rebound from the support level 1206.00 is required to attain further confirmation.

 

Resistance level: 1233.00, 1260.00

Support level: 1206.00, 1184.00