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GCMAsia - GOLD
GOLD_
GOLD_
2018-04-02
Resistance and Support Level Explanation
Resistance 1340.00 Daily
Support 1312.00 Daily

GOLD_, Daily: Gold price remains traded within a sideways channel following prior retracement from the top level. MACD histogram which illustrate diminishing upward momentum may suggest the commodity price to extend its losses in short-term, towards the target of support level at 1312.00.

 

Resistance level: 1340.00, 1353.70

Support level: 1312.00, 1295.00