GCMAsia - GOLD
GOLD_
2018-10-30
| Resistance and Support | Level | Explanation |
| Resistance | 1229.40 | H4 |
| Support | 1221.35 | H4 |
GOLD_, H4: Gold was traded lower prior following breakout from the previous support level at 1229.40. MACD which illustrate bearish momentum and formation of death cross suggest the commodity to extend its losses toward the support level at 1221.35.
Resistance level: 1229.40, 1230.05
Support level: 1221.35, 1208.95