GCMAsia - GOLD

GOLD_
2018-12-07
| Resistance and Support | Level | Explanation |
| Resistance | 1242.10 | H1 |
| Support | 1237.25 | H1 |

GOLD_, H1: Gold price remains traded within an upward channel following prior rebound from the lower level. MACD which illustrate diminishing downward momentum suggests its price to extend its gains, towards the direction of 1242.10.
Resistance level: 1242.10, 1253.00
Support level: 1237.25, 1228.00