GCMAsia - GOLD
GOLD_
2018-05-31
| Resistance and Support | Level | Explanation |
| Resistance | 1304.00 | H1 |
| Support | 1300.00 | H1 |
GOLD_, H1: Gold price extended gains following prior breakout from the top level of descending triangle. MACD histogram which illustrate upward signal suggests further bullish momentum. However, a close above the minor resistance at 1304.00 is required to attain further validation.
Resistance level: 1304.00, 1308.00
Support level: 1300.00, 1296.00