GCMAsia - GOLD

GOLD
2019-01-16
Resistance and Support | Level | Explanation |
Resistance | 1298.50 | H4 |
Support | 1286.90 | H4 |
GOLD_, H4: Gold price remain traded in a sideway channel. Due to lack of clear signal from MACD, it is suggested to wait until further signal appears such as breakout above resistance level 1298.50 or support level 1286.90 before entering the market.
Resistance level: 1298.50, 1309.00
Support level: 1286.90, 1278.90