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GCMAsia - GOLD
GOLD_
GOLD_
2017-11-01
Resistance and Support Level Explanation
Resistance 1280.00 H4
Support 1268.95 H4

GOLD_, H4: Gold price was traded lower prior retracement from resistance level at 1280.00. It is currently testing the support level at 1268.95. Successful closure below the said support level would further suggest the commodity to extend its losses toward the next support level at 1262.20.

Resistance level: 1280.00, 1291.00

Support level: 1268.95, 1262.20