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GCMAsia - GOLD
GOLD_
GOLD_
2018-05-23
Resistance and Support Level Explanation
Resistance 1295.20 H4
Support 1285.30 H4

GOLD_, H4: Gold price was traded lower prior retracement from resistance level at 1295.20. MACD signal line that is about to form a death-cross would suggest the safe-haven asset price to extend its losses if candlestick successfully closes below its previous low.

Resistance level: 1295.20, 1300.40

Support level: 1285.30, 1275.90