GCMAsia - 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