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GCMAsia - GOLD
GOLD_
GOLD_
2018-07-27
Resistance and Support Level Explanation
Resistance 1226.50 H1
Support 1222.00 H1

GOLD_, H1: Gold price was traded higher following prior rebound from the upward trendline. Although MACD illustrate bearish signal, close below the trendline and support of 1222.00 is required to attain further confirmation.

 

Resistance level: 1226.50, 1233.70

Support level: 1222.00, 1216.00