GCMAsia - GOLD

GOLD_
2018-05-30
| Resistance and Support | Level | Explanation |
| Resistance | 1308.00 | H1 |
| Support | 1300.00 | H1 |

GOLD_, H1: Gold price remains traded within a narrowing triangle while currently testing at the top level. Due to the lack of clarity from MACD histogram and price action, it is suggested to enter the market after a successful breakout has occur from either side of the triangle.
Resistance level: 1308.00, 1314.95
Support level: 1300.00, 1296.00