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GCMAsia - GOLD
GOLD_
GOLD_
2018-05-14
Resistance and Support Level Explanation
Resistance 1325.00 Daily
Support 1310.00 Daily

GOLD_, Daily: Gold price was traded higher following prior rebound and closure above the 20-MA line (red). MACD histogram which illustrate substantial upward signal may suggest the commodity price to extend its gains in short-term, towards the direction of resistance level near 1325.00.

 

Resistance level: 1325.00, 1340.00

Support level: 1310.00, 1295.00