GCMAsia - GOLD
GOLD_
2018-10-16
| Resistance and Support | Level | Explanation |
| Resistance | 1228.75 | H4 |
| Support | 1217.05 | H4 |
GOLD_, H4: Gold was traded lower following prior retracement from the resistance level at 1228.75. MACD which illustrate diminishing of bullish momentum and formation of death cross suggest the pair to be traded lower in short term toward the support level at 1217.05
Resistance level: 1228.75, 1233.10
Support level: 1217.05, 1208.95