GCMAsia - GOLD
GOLD_
2017-08-04
| Resistance and Support | Level | Explanation |
| Resistance | 1273.9 | H4 |
| Support | 1265.50 | H4 |
GOLD_, H4: Gold price was traded flat near recent high of 1273.95 which signals a strong bearish momentum ahead. MACD continues to illustrate diminishing upward momentum suggests gold price to extend its losses after breaking the support level of 1265.50.
Resistance level: 1273.93, 1281.00
Support level: 1265.50, 1257.60