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GCMAsia - GOLD
GOLD
GOLD
2018-08-21
Resistance and Support Level Explanation
Resistance 1198.00 H1
Support 1192.00 H1

GOLD_, H1: Gold price was traded higher following prior breakout above the previous resistance level 1192.00. Recent price action and MACD which illustrate ongoing bullish bias suggest the commodity to extend its gains towards the resistance level 1198.00

 

Resistance level: 1198.00, 1202.00

Support level: 1192.00, 1185.00