GCMAsia - GOLD
GOLD_
2018-06-12
| Resistance and Support | Level | Explanation |
| Resistance | 1298.70 | H1 |
| Support | 1294.70 | H1 |
GOLD_, H1: Gold price remains traded within a sideways channel following prior retracement from the top level. MACD histogram which begins to form a death cross signal suggests the pair to extend its losses after closing below the 60-MA line (green).
Resistance level: 1298.70, 1301.30
Support level: 1294.70, 1292.40