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GCMAsia - GOLD
GOLD_
GOLD_
2018-03-20
Resistance and Support Level Explanation
Resistance 1317.15 H1
Support 1314.15 H1

GOLD_, H1: Gold price was traded lower after breaking support level at 1317.15. MACD histogram that portrays diminishing bullish momentum would suggest the safe-haven asset price to undergo short-term losses towards the next support level at 1314.15.

Resistance level: 1317.15, 1321.55

Support level: 1314.15, 1310.85