83% of retail investor accounts lose money when trading CFDs with this provider.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
GCMAsia - GOLD
GOLD_
GOLD_
2019-01-15
Resistance and Support Level Explanation
Resistance 1297.00 H1
Support 1284.35 H1

GOLD_, H1: Gold price remains traded within a narrowing triangle while currently testing at the lower levels. Stochastic Oscillator which has formed a retracement signal suggests its prices to be traded lower, towards the bottom level of the triangle.

Resistance level: 1297.00, 1303.00

Support level: 1284.35, 1280.00