GCMAsia - GOLD
GOLD_
2018-06-06
| Resistance and Support | Level | Explanation |
| Resistance | 1297.00 | H4 |
| Support | 1290.00 | H4 |
GOLD_, H4: Gold price was traded higher while currently testing near the strong resistance level at 1297.00. MACD histogram which illustrate the formation of golden cross signal suggests gold price to extend its gains in the event of a closure above the target of 1297.00 and 60-MA line (green).
Resistance level: 1297.00, 1301.20
Support level: 1290.00, 1282.10