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GCMAsia - GOLD
GOLD_
GOLD_
2018-04-13
Resistance and Support Level Explanation
Resistance 1337.70 H1
Support 1335.00 H1

GOLD_, H1: Gold price was traded higher prior breaking resistance by 200-MA line. It is currently testing to break resistance level at 1337.70. MACD that portrays a golden-cross would suggest the safe-haven asset price to trade higher if candlestick successfully closes above the said resistance level.

Resistance level: 1337.70, 1342.50

Support level: 1335.00, 1327.90