GCMAsia - 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