GCMAsia - GOLD

GOLD_
2018-10-17
| Resistance and Support | Level | Explanation |
| Resistance | 1228.00 | H4 |
| Support | 1218.00 | H4 |

GOLD_, H4: Gold price was traded lower following prior retrace from the upper levels. MACD which illustrate the formation of death cross signal suggests the commodity price to extend its losses after closing below the 20-MA line (red).
Resistance level: 1228.00, 1237.00
Support level: 1218.00, 1210.60