GCMAsia - GOLD

GOLD_
2018-12-18
| Resistance and Support | Level | Explanation |
| Resistance | 1253.00 | H4 |
| Support | 1242.10 | H4 |

GOLD_, H4: Gold price was traded higher following prior rebound from the support level of 1237.25. MACD which has formed a bullish signal suggests the commodity price to extend its gains, towards the direction of 1253.00.
Resistance level: 1253.00, 1263.20
Support level: 1242.10, 1237.25