GCMAsia - GOLD

GOLD_
2017-09-29
| Resistance and Support | Level | Explanation |
| Resistance | 1297.05 | Daily |
| Support | 1260.40 | Daily |

GOLD_, Daily: Gold price was traded lower prior breaking below support level at 1297.05. Downward slope of MACD signal line suggests gold price to further its losses toward the resistance by 200-MA line around 1260.40.
Resistance level: 1297.05, 1341.80
Support level: 1260.40, 1249.70