GCMAsia - GOLD
GOLD_
2019-01-23
| Resistance and Support | Level | Explanation |
| Resistance | 1284.35 | H1 |
| Support | 1280.00 | H1 |
GOLD_, H1: Gold price was traded lower following prior retracement from the resistance of 1284.35. MACD which begins to form a bearish signal suggests its prices to be traded lower in short-term after closing below the 20-MA line (red).
Resistance level: 1284.35, 1287.20
Support level: 1280.00, 1273.55