GCMAsia - GOLD

GOLD
2018-09-21
| Resistance and Support | Level | Explanation |
| Resistance | 1208.45 | H4 |
| Support | 1203.30 | H4 |

GOLD, H4: Gold price was recently traded higher while currently testing the resistance level 1208.45. Recent price action and MACD which illustrate persistent bullish momentum suggest the commodity to extend its gains after a breakout above the resistance level 1208.45.
Resistance level: 1208.45, 1212.70
Support level: 1203.30, 1196.00