GCMAsia - GOLD
GOLD_
2017-05-17
| Resistance and Support | Level | Explanation |
| Resistance | 1245.15 | H4 |
| Support | 1233.30 | H4 |
GOLD_, H4: Gold price has extended its gains after breaking the strong resistance level of 1233.30. MACD histogram indicator which shows upward signal while both MA lines has formed a golden cross suggests gold price to extend its upward momentum after breaking the resistance level of 1245.15.
Resistance level: 1245.15, 1254.75
Support level: 1233.30, 1214.15