GCMAsia - GOLD
GOLD_
2018-03-06
| Resistance and Support | Level | Explanation |
| Resistance | 1326.80 | H1 |
| Support | 1316.20 | H1 |
GOLD_, H1: Gold price was traded lower prior breaking support by 200-MA line. However, MACD histogram that portrays diminishing bearish momentum would suggest the safe-haven asset price to trade higher thus retesting the MA line.
Resistance level: 1326.80, 1335.20
Support level: 1316.20, 1308.50