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GCMAsia - GOLD
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