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GCMAsia - GOLD
GOLD_
GOLD_
2018-10-15
Resistance and Support Level Explanation
Resistance 1226.65 H4
Support 1217.05 H4

GOLD_, H4: Gold was traded higher following prior breakout from the previous resistance level at 1223.20. MACD which suggest diminishing of bearish momentum and formation of golden cross suggest the pair to extend its gain toward the resistance level at 1226.65.

 

Resistance level: 1226.65, 1233.05

Support level: 1217.05, 1209.15