GCMAsia - GOLD
GOLD_
2017-10-19
| Resistance and Support | Level | Explanation |
| Resistance | 1283.40 | H1 |
| Support | 1278.35 | H1 |
GOLD_, H1: Gold price was traded higher prior its rebound from support level at 1278.35. Formation of pin bar and positive divergence by MACD signal line suggest the pair to undergo short-term technical correction toward the resistance level at 1283.40.
Resistance level: 1283.40, 1290.20
Support level: 1278.35, 1268.55