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311018 GOLD_-Noon

by | Oct 31, 2018 | GOLD | 0 comments

GCMAsia - GOLD
GOLD_
GOLD_
2018-10-31
Resistance and Support Level Explanation
Resistance 1229.40 H4
Support 1216.75 H4

GOLD_, H4: Gold was traded lower while currently testing near the support level at 1216.75. MACD which illustrate bearish momentum suggest the commodity to extend its losses after successfully breakout the support level at 1216.75.

Resistance level: 1229.40, 1230.05

Support level: 1216.75, 1208.95