GCMAsia - GOLD

GOLD_
2017-09-11
| Resistance and Support | Level | Explanation |
| Resistance | 1350.00 | Daily |
| Support | 1320.80 | Daily |

GOLD_, Daily: Gold price opened with a gap following prior retracement from the resistance level of 1350.00. MACD histogram which illustrate diminishing upward momentum suggests gold price to be traded lower in short-term as technical correction. First target will be referring to 1320.80.
Resistance level: 1350.00, 1374.75
Support level: 1320.80, 1305.00