GCMAsia - GOLD

GOLD
2019-01-15
| Resistance and Support | Level | Explanation |
| Resistance | 1295.00 | H4 |
| Support | 1285.00 | H4 |

GOLD_, H4: Gold price remains traded within a narrowing triangle while currently testing at the lower bottom level of the triangle. Due to lack of signal from the MACD, a breakout below or rebound from the bottom level of the triangle is required for further confirmation before entering the market.
Resistance level: 1295.00, 1305.00
Support level: 1285.00, 1275.00