GCMAsia - GOLD
GOLD
2018-10-17
| Resistance and Support | Level | Explanation |
| Resistance | 1225.05 | H4 |
| Support | 1217.80 | H4 |
GOLD_, H4: Gold price was traded lower following prior breakout below the previous support level 1225.05. MACD which illustrate bearish momentum and the formation of death cross suggest the gold to extend its losses towards the support level 1217.80.
Resistance level: 12225.05, 1233.65
Support level: 1217.80, 1210.35