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GCMAsia - GOLD
GOLD_
GOLD_
2018-03-21
Resistance and Support Level Explanation
Resistance 1314.30 H1
Support 1309.70 H1

GOLD_, H1: Gold price was traded higher prior breaking resistance level at 1309.70. MACD histogram that portrays diminishing bearish momentum would suggest the safe-haven asset price to undergo short-term technical correction to trade higher towards the resistance level at 1314.30.

Resistance level: 1314.30, 1317.40

Support level: 1309.70, 1303.80