GCMAsia - GOLD

GOLD_
2018-12-21
| Resistance and Support | Level | Explanation |
| Resistance | 1263.20 | H1 |
| Support | 1253.00 | H1 |

GOLD_, H1: Gold price was traded lower following prior retracement from the resistance level near 1263.20. MACD which begins to form a death cross signal suggests the commodity price to be traded lower in short-term as technical correction.
Resistance level: 1263.20, 1270.00
Support level: 1253.00, 1242.10