GCMAsia - GOLD

GOLD
2018-12-07
| Resistance and Support | Level | Explanation |
| Resistance | 1241.60 | H4 |
| Support | 1235.00 | H4 |

GOLD_, H4: Gold price remains traded within an upward channel following prior rebound from the support level 1235.00. Due to lack of signal from the MACD, a breakout above or below the channel is required for further confirmation before entering the market.
Resistance level: 1241.60, 1246.40
Support level: 1235.00, 1228.00