GCMAsia - GOLD

GOLD_
2017-11-07
| Resistance and Support | Level | Explanation |
| Resistance | 1280.00 | H1 |
| Support | 1277.00 | H1 |

GOLD_, H1: Gold price was traded lower prior retracement and breaking below support level at 1280.00. Downward slope of MACD histogram suggests the pair to undergo short-term technical correction toward the support level at 1277.00.
Resistance level: 1280.00, 1282.75
Support level: 1277.00, 1273.15