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GCMAsia - GOLD
GOLD_
GOLD_
2018-09-27
Resistance and Support Level Explanation
Resistance 1207.75 H4
Support 1194.30 H4

GOLD_, H4: Gold price remains traded within a sideways channel following prior rebound from the bottom level. Stochastic Oscillator which illustrate bullish signal suggests gold price to be traded higher in short-term after closing above the 20-MA line (red).

 

Resistance level: 1207.75, 1218.65

Support level: 1194.30, 1184.00