GCMAsia - GOLD
GOLD
2018-09-24
| Resistance and Support | Level | Explanation |
| Resistance | 1196.00 | H4 |
| Support | 1191.10 | H4 |
GOLD_, H4: Gold price was recently traded lower following prior breakout below the previous support level 1196.00. Recent price action and MACD which illustrate persistent bearish momentum suggest the commodity to extend its losses towards the support level 1191.10.
Resistance level: 1196.00, 1203.30
Support level: 1191.10, 1186.80