GCMAsia - GOLD

GOLD_
2017-10-13
| Resistance and Support | Level | Explanation |
| Resistance | 1297.60 | H1 |
| Support | 1289.70 | H1 |

GOLD_, H1: Gold price was traded in higher prior its rebound from the bullish trend line and support level at 1289.70. Formation of bullish pinbar candlestick and golden-cross of MACD signal line suggest gold price to trade higher toward the resistance level at 1297.60.
Resistance level: 1297.60, 1302.35
Support level: 1289.70, 1283.40