GCMAsia - GOLD
GOLD_
2018-05-22
| Resistance and Support | Level | Explanation |
| Resistance | 1295.70 | H4 |
| Support | 1287.50 | H4 |
GOLD_, H4: Gold price re-entered into the sideways channel following prior rebound from the support level of 1282.50. Recent formation of upward signal from MACD histogram may suggests the commodity price to advance further up in short-term, towards the direction of resistance level near 1295.70.
Resistance level: 1295.70, 1301.90
Support level: 1287.50, 1282.50