GCMAsia - GOLD

GOLD_
2017-11-08
| Resistance and Support | Level | Explanation |
| Resistance | 1280.00 | H1 |
| Support | 1274.00 | H1 |

GOLD_, H1: Gold price was traded higher after breaking the trend line of descending triangle. Golden-cross as formed by MACD signal line suggests gold price to extend higher toward the resistance level at 1280.00.
Resistance level: 1280.00, 1282.60
Support level: 1274.00, 1269.00