GCMAsia - GOLD
GOLD_
2018-06-05
| Resistance and Support | Level | Explanation |
| Resistance | 1297.00 | H1 |
| Support | 1290.00 | H1 |
GOLD_, H1: Gold price remains traded within a sideways channel while currently testing at the bottom level. MACD histogram which illustrate downward signal suggests further bearish bias. However, a breakout from 1290.00 is required to attain further confirmation.
Resistance level: 1297.00, 1301.20
Support level: 1290.00, 1286.00