GCMAsia - GOLD
GOLD_
2018-04-12
| Resistance and Support | Level | Explanation |
| Resistance | 1354.90 | H4 |
| Support | 1350.20 | H4 |
GOLD_, H4: Gold price was traded lower prior breaking support level at 1354.90. Formation of dark cloud cover candlestick pattern and MACD that displays ongoing bearish momentum would suggest the safe-haven asset price to extend its losses if breakout at the next support level 1350.20 is successful.
Resistance level: 1354.90, 1360.20
Support level: 1350.20, 1347.30