GCMAsia - GOLD

GOLD
2019-01-30
Resistance and Support | Level | Explanation |
Resistance | 1318.10 | H4 |
Support | 1305.10 | H4 |
GOLD_, H4: Gold price was traded higher following prior breakout above the previous resistance level 1305.10. However, MACD which illustrate diminishing bullish momentum suggest the pair to undergo a short-term technical correction towards the support level 1305.10.
Resistance level: 1318.10, 1329.15
Support level: 1305.10, 1296.85