GCMAsia - GOLD
GOLD_
2018-03-26
| Resistance and Support | Level | Explanation |
| Resistance | 1353.70 | Daily |
| Support | 1340.00 | Daily |
GOLD_, Daily: Gold price rose sharply following prior closure and breakout from the top level of descending triangle. MACD histogram which illustrate the formation of golden cross may suggests further extension of gains. However, a close above the strong resistance level of 1353.70 is required to acquire further verification.
Resistance level: 1353.70, 1366.00
Support level: 1340.00, 1312.00