GCMAsia - GOLD
GOLD
2018-12-13
| Resistance and Support | Level | Explanation |
| Resistance | 1252.75 | H4 |
| Support | 1241.60 | H4 |
GOLD_, H4: Gold price remains traded in a sideway channel following prior retracement from the resistance level 1246.45. MACD which illustrate bearish bias suggest the commodity to extend its retracement towards the lower level of channel near the support level 1241.60.
Resistance level: 1252.75, 1262.85
Support level: 1241.60, 1235.00