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201118 GOLD-Noon

by | Nov 20, 2018 | GOLD | 0 comments

GCMAsia - GOLD
GOLD
GOLD
2018-11-20
Resistance and Support Level Explanation
Resistance 1225.50 H1
Support 1211.10 H1

GOLD_, H1: Gold was traded higher following prior rebound from the support level 1221.10. MACD which display starting bullish momentum suggest the commodity to extend its rebound towards the resistance level 1225.50.

 

Resistance level: 1225.50, 1231.00

Support level: 1211.10, 1216.80