GCMAsia - GOLD

GOLD_
2018-10-19
| Resistance and Support | Level | Explanation |
| Resistance | 1228.00 | H1 |
| Support | 1218.00 | H1 |

GOLD_, H1: Gold price remains traded within a descending channel while currently testing at the top level. Stochastic Oscillator which illustrate the formation of bullish signal suggests the commodity price to extend its gains after successfully breaking the top level of the channel.
Resistance level: 1228.00, 1237.00
Support level: 1218.00, 1210.60