GCMAsia - GOLD

GOLD
2018-10-19
| Resistance and Support | Level | Explanation |
| Resistance | 1230.20 | H4 |
| Support | 1225.05 | H4 |

GOLD_, H4: Gold price remain traded in a sideway channel after rebounding from the support level 1225.05. Due to lack of signal from the MACD, a breakout outside the sideway channel is required to obtain further confirmation before entering the market.
Resistance level: 1230.20, 1236.50
Support level: 1225.05, 1217.80