GCMAsia - GOLD

GOLD_
2017-09-22
| Resistance and Support | Level | Explanation |
| Resistance | 1299.05 | H4 |
| Support | 1289.80 | H4 |

GOLD_, H4: Gold price was traded higher prior its rebound from support level at 1289.80. Formation of positive divergence as shown by MACD histogram suggests gold price to further its gains toward resistance level at 1299.05.
Resistance level: 1299.05, 1321.35
Support level: 1289.80, 1281.05