GCMAsia - GOLD
GOLD_
2017-11-06
| Resistance and Support | Level | Explanation |
| Resistance | 1281.00 | Daily |
| Support | 1263.00 | Daily |
GOLD_, Daily: Gold price was offered lower following prior inability to close above the 20-MA line (red) near 1281.00. Both MA lines which begins to skew downwards suggest gold price to extend its losses after breaking the strong support level at 1263.00.
Resistance level: 1281.00, 1299.05
Support level: 1263.00, 1237.35