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GCMAsia - GOLD
GOLD_
GOLD_
2018-03-14
Resistance and Support Level Explanation
Resistance 1326.80 H1
Support 1316.20 H1

GOLD_, H1: Gold price was traded lower prior its failure to break resistance level at 1326.80. MACD signal line that portrays a death-cross would suggest the safe-haven asset price to trade lower towards the support by 200-MA line.

Resistance level: 1326.80, 1335.20

Support level: 1316.20, 1309.60