GCMAsia - GOLD
GOLD_
2017-11-02
| Resistance and Support | Level | Explanation |
| Resistance | 1280.00 | H1 |
| Support | 1272.80 | H1 |
GOLD_, H1: Gold price was traded higher prior breaking above resistance level at 1272.80 and resistance by 200-MA line. Golden-cross as formed by MACD signal line suggests gold price to extend higher if breakout above resistance level at 1280.00 is successful.
Resistance level: 1280.00, 1291.00
Support level: 1272.80, 1269.00