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GCMAsia - GOLD
GOLD_
GOLD_
2019-01-03
Resistance and Support Level Explanation
Resistance 1293.50 H4
Support 1288.05 H4

GOLD_, H4: Gold price was traded higher following prior breakout above the previous resistance level at 1288.05. MACD which illustrate starting bullish momentum and the formation of golden cross suggest gold to extend its gains toward the resistance level at 1293.50.

Resistance level: 1293.50, 1300.90

Support level: 1288.05, 1283.80