GCMAsia - GOLD

GOLD_
2018-05-24
Resistance and Support | Level | Explanation |
Resistance | 1296.30 | H4 |
Support | 1288.60 | H4 |
GOLD_, H4: Gold price was traded in consolidation with absence of significant indication from both candlestick pattern formation and MACD. Thus, a breakout is required to grasp the direction of price movement for the yellow metal in short-term.
Resistance level: 1296.30, 1300.50
Support level: 1288.60, 1285.30