GCMAsia - GOLD
GOLD
2018-12-13
| Resistance and Support | Level | Explanation |
| Resistance | 1253.00 | H1 |
| Support | 1242.10 | H1 |
GOLD_, H1: Gold price remains traded within a descending triangle following prior retrace from the top level. MACD which illustrate diminishing upward momentum suggests its prices to be traded lower in short-term, towards the direction of 1242.10.
Resistance level: 1253.00, 1263.20
Support level: 1242.10, 1237.25