GCMAsia - GOLD
GOLD_
2018-06-01
| Resistance and Support | Level | Explanation |
| Resistance | 1301.20 | H4 |
| Support | 1297.00 | H4 |
GOLD_, H4: Gold price remains traded within a sideways channel while currently testing at the bottom level. MACD histogram which illustrate the formation of death cross suggests further bearish bias. However, a close below the support level at 1297.00 is required to attain further validation.
Resistance level: 1301.20, 1306.00
Support level: 1297.00, 1290.00