GCMAsia - GOLD
GOLD_
2018-10-16
| Resistance and Support | Level | Explanation |
| Resistance | 1228.00 | H1 |
| Support | 1218.00 | H1 |
GOLD_, H1: Gold price remains traded within an ascending wedge while currently testing near the threshold of 1228.00. MACD which illustrate diminishing downward momentum suggests the pair to extend its gains after breaking the resistance of 1228.00.
Resistance level: 1228.00, 1237.00
Support level: 1218.00, 1210.60