GCMAsia - GOLD
GOLD_
2018-03-08
| Resistance and Support | Level | Explanation |
| Resistance | 1326.80 | H1 |
| Support | 1316.20 | H1 |
GOLD_, H1: Gold price was traded higher prior rebound from support by 200-MA and it is currently testing the resistance level at 1326.80. MACD histogram that displays diminishing bearish momentum would suggest the safe-haven asset price to extend its gains if breakout at the previous low is successful.
Resistance level: 1326.80, 1335.20
Support level: 1316.20, 1308.60