GCMAsia - GOLD

GOLD_
2017-09-07
| Resistance and Support | Level | Explanation |
| Resistance | 1340.00 | H4 |
| Support | 1330.00 | H4 |

GOLD_, H4: Gold price was offered lower following a retracement from the resistance level of 1340.00. Recent closure below the 20-MA line (red) suggests further downside bias for gold price to advance towards the support level of 1330.00.
Resistance level: 1340.00, 1348.00
Support level: 1330.00, 1321.00