GCMAsia - GOLD

GOLD_
2018-10-25
| Resistance and Support | Level | Explanation |
| Resistance | 1238.35 | H4 |
| Support | 1230.00 | H4 |

GOLD_, H4: Gold price remains traded within an ascending channel while currently testing at the top level. MACD which begins to form a golden cross signal suggests the commodity price to advance further up after breaking the top level of the channel.
Resistance level: 1238.35, 1248.00
Support level: 1230.00, 1221.00