GCMAsia - GOLD

GOLD_
2018-03-07
| Resistance and Support | Level | Explanation |
| Resistance | 1345.00 | H1 |
| Support | 1335.20 | H1 |

GOLD_, H1: Gold price was traded higher following breakout at resistance level 1335.20. However, MACD histogram that shows diminishing bullish momentum would suggest the safe-haven asset price to extend its losses if breakout at its previous high is successful.
Resistance level: 1345.00, 1354.50
Support level: 1335.20, 1326.80