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GCMAsia - GOLD
GOLD_
GOLD_
2017-09-14
Resistance and Support Level Explanation
Resistance 1328.20 H4
Support 1321.35 H4

GOLD_, H4: Gold price was traded lower following breaking support level at 1328.20. Currently, it is testing the support level at 1321.35. Downward slope of MACD signal line suggests bias for the gold price to move lower, testing the next support level at 1299.05.

Resistance level: 1328.20, 1339.55

Support level: 1321.35, 1299.05