GCMAsia - GOLD

GOLD_
2019-02-13

GOLD_, H4: Gold price was traded higher in the sideway channel following prior rebound from the 50 moving average line (blue). MACD which illustrate bullish signal suggest the commodity to extend its gains toward the top level of channel at 1315.00.
Resistance level: 1315.00, 1321.55
Support level: 1307.25, 1302.50