GCMAsia - GOLD

GOLD
2018-12-14
Resistance and Support | Level | Explanation |
Resistance | 1253.00 | H1 |
Support | 1242.10 | H1 |
GOLD_, H1: Gold price remains traded within a descending triangle while currently testing at 1242.10. MACD which illustrate imminent formation of bullish signal suggests its prices to be traded higher in short-term as technical correction.
Resistance level: 1253.00, 1263.20
Support level: 1242.10, 1237.25