GCMAsia - GOLD
GOLD_
2018-05-18
| Resistance and Support | Level | Explanation |
| Resistance | 1290.00 | H1 |
| Support | 1285.90 | H1 |
GOLD_, H1: Gold price was traded lower after breaking support level at 1290.00. Death-cross that is going to be formed by MACD signal line would suggest the safe-haven asset price to extend its losses towards the support level at 1285.90.
Resistance level: 1290.00, 1295.70
Support level: 1285.90, 1276.70