GCMAsia - GOLD

GOLD
2019-01-31
Resistance and Support | Level | Explanation |
Resistance | 1320.25 | H4 |
Support | 1305.10 | H4 |
GOLD_, H4: Gold price was traded higher while currently testing the resistance level 1320.25. However, MACD which display diminishing bullish momentum suggest the commodity to experience a technical correction in short term towards the support level 1305.10.
Resistance level: 1320.25, 1329.15
Support level: 1305.10, 1296.85