GCMAsia - GOLD
GOLD_
2017-10-09
| Resistance and Support | Level | Explanation |
| Resistance | 1281.00 | Daily |
| Support | 1263.00 | Daily |
GOLD_, Daily: Gold price sheds its prior losses following a rebound from the support level at 1263.00. Both signal line from MACD histogram which continues to narrow upwards suggest the gold price to extend its upward momentum after closing above the level of 1281.00.
Resistance level: 1281.00, 1299.05
Support level: 1263.00, 1237.35