GCMAsia - GOLD

GOLD_
2018-10-30
| Resistance and Support | Level | Explanation |
| Resistance | 1237.00 | H4 |
| Support | 1229.05 | H4 |

GOLD_, H4: Gold price remains traded within an ascending channel while currently testing at the support level of 1229.05. MACD which illustrate bearish signal suggests the commodity price to extend its losses after closing below 1229.05.
Resistance level: 1237.00, 1243.25
Support level: 1229.05, 1220.25