GCMAsia - GOLD

GOLD_
2019-01-23
| Resistance and Support | Level | Explanation |
| Resistance | 1288.00 | H4 |
| Support | 1280.00 | H4 |

GOLD_, H4: Gold price was traded higher following prior rebound from the support level 1280.00 and the upward trend line. MACD which illustrate bullish momentum and the formation of golden cross suggest gold to extend its rebound towards the resistance level 1288.00.
Resistance level: 1288.00, 1295.00
Support level: 1280.00, 1272.00