GCMAsia - GOLD
GOLD_
2018-03-19
| Resistance and Support | Level | Explanation |
| Resistance | 1340.00 | Daily |
| Support | 1312.00 | Daily |
GOLD_, Daily: Gold price remains traded within a descending triangle while currently testing at the strong support level of 1312.00. MACD histogram which illustrate the formation of death cross signal suggests further bearish bias. However, a close below the strong support at 1312.00 is required to attain further verification.
Resistance level: 1340.00, 1353.70
Support level: 1312.00, 1295.00