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GCMAsia - GOLD
GOLD_
GOLD_
2018-04-03
Resistance and Support Level Explanation
Resistance 1342.80 H1
Support 1338.10 H1

GOLD_, H1: Gold price was traded lower prior its failure to break resistance level at 1342.80. MACD signal line that shows a death-cross would indicate the safe-haven asset price to undergo short-term technical correction to trade lower towards the support level at 1338.10.

Resistance level: 1342.80, 1350.20

Support level: 1338.10, 1334.90