GCMAsia - GOLD

GOLD_
2017-09-15
| Resistance and Support | Level | Explanation |
| Resistance | 1339.55 | H4 |
| Support | 1328.20 | H4 |

GOLD, H4: Gold price was traded higher after breaking above resistance level at 1328.20. Formation of positive divergence as shown by MACD histogram suggests gold price to extend its gain toward the next resistance level at 1339.55.
Resistance level: 1339.55, 1357.40
Support level: 1328.20, 1321.35