GCMAsia - GOLD

GOLD_
2018-06-13
| Resistance and Support | Level | Explanation |
| Resistance | 1296.50 | H1 |
| Support | 1294.70 | H1 |

GOLD_, H1: Gold price remains traded within a sideways channel while currently testing at the bottom level. MACD histogram which illustrate persistent bearish signal suggests the commodity price to extend its gains after breaking the strong support of 1294.70.
Resistance level: 1296.50, 1298.70
Support level: 1294.70, 1292.40