GCMAsia - GOLD
GOLD_
2018-07-26
| Resistance and Support | Level | Explanation |
| Resistance | 1233.70 | H1 |
| Support | 1226.50 | H1 |
GOLD_, H1: Gold price was traded higher following prior breakout from the top level of narrowing triangle. Although both MA lines and MACD illustrate bullish bias, a break above 1233.70 is required to attain further confirmation.
Resistance level: 1233.70, 1238.40
Support level: 1226.50, 1222.00