GCMAsia - GOLD

GOLD_
2018-06-14
| Resistance and Support | Level | Explanation |
| Resistance | 1301.30 | H1 |
| Support | 1298.70 | H1 |

GOLD_, H1: Gold price remains traded within a sideways channel following prior retracement from the top level. MACD histogram which illustrate diminished upward momentum may suggest the commodity price to extend its losses after closing below the support level of 1298.70.
Resistance level: 1301.30, 1303.80
Support level: 1298.70, 1294.70