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GCMAsia - GOLD
GOLD_
GOLD_
2017-06-09
Resistance and Support Level Explanation
Resistance 1286.00 H4
Support 1276.65 H4

GOLD_, H4: Gold price was traded lower following prior retracement from the resistance level of 1286.00 while currently testing near the support level of 1276.65. MACD histogram continues to illustrate downward signal suggests gold price to extend its losses after breaking the level of 1276.65.

 

Resistance level: 1286.00, 1295.95

Support level: 1276.65, 1264.70