GCMAsia - GOLD
GOLD_
2019-01-17
| Resistance and Support | Level | Explanation |
| Resistance | 1295.15 | H1 |
| Support | 1286.90 | H1 |
GOLD_, H1: Gold price was traded lower in the sideway channel following prior retracement from the resistance level at 1295.15. MACD which illustrate diminishing bullish momentum suggest the pair to extend its losses toward the support level at 1286.90.
Resistance level: 1295.15, 1300.90
Support level: 1286.90, 1277.10