GCMAsia - GOLD
GOLD
2019-01-29
| Resistance and Support | Level | Explanation |
| Resistance | 1305.10 | H4 |
| Support | 1296.85 | 1287.05 |
GOLD_, H4: Gold price was traded higher while currently testing the resistance level 1305.10. However, MACD which illustrate diminishing bullish momentum suggest the commodity to be traded lower as a short term technical correction towards the support level 1296.85.
Resistance level: 1305.10, 1318.10
Support level: 1296.85, 1287.05