GCMAsia - GOLD
GOLD
2018-08-15
| Resistance and Support | Level | Explanation |
| Resistance | 1192.00 | H1 |
| Support | 1185.50 | H1 |
GOLD_, H1: The price of gold was traded lower following prior breakout below the support level 1192.00. Price action and MACD which illustrate diminished bullish momentum suggest the yellow metal to extend its losses towards the support level 1185.50
Resistance level: 1192.00, 1198.00
Support level: 1185.50, 1177.00