GCMAsia - GOLD
GOLD_
2018-03-15
| Resistance and Support | Level | Explanation |
| Resistance | 1326.80 | H1 |
| Support | 1316.20 | H1 |
GOLD_, H1: Gold price was traded higher following rebound from support by 200-MA line. The safe-haven asset price is currently testing the resistance level at 1326.80. Golden-cross as displayed by MACD signal line would suggest gold price to trade higher if breakout at the said resistance level is successful.
Resistance level: 1326.80, 1335.20
Support level: 1316.20, 1309.60