GCMAsia - GOLD

GOLD_
2018-12-31
| Resistance and Support | Level | Explanation |
| Resistance | 1283.55 | H1 |
| Support | 1277.10 | H1 |

GOLD_, H1: Gold price was traded higher following prior rebound from the support level at 1277.10. MACD which illustrate diminishing bearish momentum suggest gold to extend its gains toward the resistance level at 1283.55.
Resistance level: 1283.55, 1290.95
Support level: 1277.10, 1272.65