GCMAsia - GOLD
GOLD
2018-09-14
| Resistance and Support | Level | Explanation |
| Resistance | 1207.80 | H1 |
| Support | 1203.00 | H1 |
GOLD, H1: Gold price was traded higher following prior breakout above the previous resistance level 1203.00. Recent price action and MACD which illustrate a bullish momentum and the starting formation of a golden cross suggest the commodity to extend its gains towards the resistance level 1207.80.
Resistance level: 1207.80, 1212.15
Support level: 1203.00, 1198.95