GCMAsia - GOLD
GOLD_
2018-10-23
| Resistance and Support | Level | Explanation |
| Resistance | 1223.45 | H1 |
| Support | 1218.00 | H1 |
GOLD_, H1: Gold price remains traded within a narrowing triangle while recently rebounded from the lower level. MACD which begins to form a golden cross signal suggests the commodity price to be traded higher in short-term after breaking the target of 1223.45.
Resistance level: 1223.45, 1228.00
Support level: 1218.00, 1210.60