GCMAsia - GOLD
GOLD_
2017-08-03
| Resistance and Support | Level | Explanation |
| Resistance | 1265.50 | H4 |
| Support | 1257.60 | H4 |
GOLD_, H4: Gold price has extended its losses following prior closure below the support level of 1265.50. MACD histogram which illustrates negative divergence suggests gold price to advance further down, towards the strong support level at 1257.60.
Resistance level: 1265.50, 1273.95
Support level: 1257.60, 1247.45