GCMAsia - GOLD
GOLD_
2018-10-24
| Resistance and Support | Level | Explanation |
| Resistance | 1238.35 | H1 |
| Support | 1230.00 | H1 |
GOLD_, H1: Gold price was traded higher following prior rebound from the support level of 1230.00. MACD which illustrate diminishing downward momentum suggests the commodity price to extend its gains after closing above the 20-MA line (red).
Resistance level: 1238.35, 1248.00
Support level: 1230.00, 1221.00