83% of retail investor accounts lose money when trading CFDs with this provider.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
GCMAsia - GOLD
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