GCMAsia - GOLD
GOLD
2019-01-08
| Resistance and Support | Level | Explanation |
| Resistance | 1289.70 | H1 |
| Support | 1283.80 | H1 |
GOLD_, H1: Gold price was traded lower following prior retracement near the resistance level at 1289.70. MACD which display bearish momentum suggest gold to extend its losses toward the support level 1283.80.
Resistance level: 1289.70, 1296.95
Support level: 1283.80, 1277.10