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201218 GOLD_

by | Dec 20, 2018 | GOLD | 0 comments

GCMAsia - GOLD
GOLD_
GOLD_
2018-12-20
Resistance and Support Level Explanation
Resistance 1253.00 H4
Support 1242.10 H4

GOLD_, H4: Gold price was traded lower following prior retracement from the strong resistance near 1253.00. MACD which begins to form a death cross signal suggests its prices to advance further down after closing below 1242.10.

Resistance level: 1253.00, 1263.20

Support level: 1242.10, 1237.25