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GCMAsia - GOLD
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