GCMAsia - GOLD
GOLD
2018-12-18
| Resistance and Support | Level | Explanation |
| Resistance | 1250.00 | H1 |
| Support | 1246.45 | H1 |
GOLD_, H1: Gold price was traded lower following prior retracement from higher level while currently testing near the support level 1246.50. MACD which illustrate diminished bullish momentum suggest the commodity to extend its losses after a breakout below the support level.
Resistance level: 1250.00, 1254.30
Support level: 1246.45, 1241.60