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GCMAsia - GOLD
GOLD_
GOLD_
2018-06-19
Resistance and Support Level Explanation
Resistance 1285.20 H4
Support 1275.80 H4

GOLD_, H4: Gold price pared some of its losses after regaining its support at 1275.80. MACD histogram which illustrate diminishing downward momentum suggests the pair to be traded higher in short-term as technical correction.

 

Resistance level: 1285.20, 1291.10

Support level: 1275.80, 1264.00