GCMAsia - GOLD

GOLD_
2019-01-18
| Resistance and Support | Level | Explanation |
| Resistance | 1297.00 | H1 |
| Support | 1287.20 | H1 |

GOLD_, H1: Gold price remains traded within a sideways channel following prior retrace from the top level. Due to the lack of signal from MACD and price action, it is suggested to wait for a breakout before entering the market.
Resistance level: 1297.00, 1303.00
Support level: 1287.20, 1284.35