GCMAsia - GOLD

GOLD_
2018-10-29
| Resistance and Support | Level | Explanation |
| Resistance | 1234.85 | H1 |
| Support | 1231.10 | H1 |

GOLD_, H1: Gold was traded lower following prior retracement from the resistance level at 1234.85. MACD which illustrate bearish momentum suggest the commodity to extend its losses toward the support level at 1231.10.
Resistance level: 1234.85, 1237.50
Support level: 1231.10, 1227.55