GOLD_, H4: Gold price surged sharply and was take a breathed at the resistance level of 1280.00. Based on the both movement lines showed in the MACD indicator which pointing upward now suggested the gold price to move further higher. In addition with the trend directions pointed by both MA line, the price is in a strong uptrend now.
Resistance level: 1280.00, 1300.00
Support level: 1246.00, 1220.00