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GCMAsia - GOLD
GOLD
GOLD
2018-11-14
Resistance and Support Level Explanation
Resistance 1212.75 H4
Support 1197.50 H4

GOLD_, H4: Gold price was traded higher following prior rebound from the support level 1197.50. MACD which illustrate bullish momentum with the formation of golden cross suggest the pair to extend its rebound towards the resistance level 1212.50.

 

Resistance level: 1212.75, 1230.75

Support level: 1197.50, 1184.50