GCMAsia - GOLD

GOLD_
2017-11-03
| Resistance and Support | Level | Explanation |
| Resistance | 1280.00 | H1 |
| Support | 1273.15 | H1 |

GOLD_, H1: Gold price was traded in consolidation within ascending triangle. Absence of obvious signal from both candlestick pattern and MACD histogram suggest to wait for breakout to occur for clearer indication of its price movement.
Resistance level: 1280.00, 1291.00
Support level: 1273.15, 1268.95