GCMAsia - GOLD
GOLD_
2018-02-28
| Resistance and Support | Level | Explanation |
| Resistance | 1317.90 | H1 |
| Support | 1305.85 | H1 |
GOLD_, H1: Gold price was traded lower prior breaking support level at 1317.90. However, MACD histogram that shows diminishing bearish momentum would suggest the safe-haven asset price to undergo short-term technical correction to trade higher before continuing its bearish bias.
Resistance level: 1317.90, 1327.10
Support level: 1305.85, 1294.15