GCMAsia - GOLD
GOLD
2018-08-14
| Resistance and Support | Level | Explanation |
| Resistance | 1198.50 | H1 |
| Support | 1192.50 | H1 |
GOLD_, H1: Gold price was traded higher following recent rebound from the resistance level 1192.50. Recent price action and MACD which display bullish signs with the formation of golden cross suggest the pair may extend its technical correction towards the resistance level of 1198.50.
Resistance level: 1198.50, 1204.50
Support level: 1192.50, 1185.50