GCMAsia - GOLD
GOLD_
2017-10-03
| Resistance and Support | Level | Explanation |
| Resistance | 1281.05 | H4 |
| Support | 1263.00 | H4 |
GOLD_, H4: Gold price extended its losses following prior retracement while closing below the support level of 1281.05. However, downward signal from MACD histogram which continues to diminish may suggest gold price to be traded higher in short-term as retracement before continue its major downside bias.
Resistance level: 1281.05, 1290.00
Support level: 1263.00, 1237.35