GCMAsia - GOLD
GOLD_
2017-11-10
| Resistance and Support | Level | Explanation |
| Resistance | 1288.05 | H1 |
| Support | 1280.55 | H1 |
GOLD_, H1: Gold price was traded within rising wedge and it was traded lower prior retracement from resistance level at 1288.05. A breakout is required for future indication of price movement for the commodity following absence of obvious signal from both candlestick pattern and MACD histogram.
Resistance level: 1288.05, 1300.60
Support level: 1280.55, 1273.75