GCMAsia - GOLD
GOLD_
2017-08-15
| Resistance and Support | Level | Explanation |
| Resistance | 1282.00 | H4 |
| Support | 1272.05 | H4 |
GOLD_, H4: Gold price extended its losses following prior retracement from the resistance level of 1292.05. MACD histogram continues to illustrate negative divergence signal suggests gold price to continue its downward momentum after closing below the support level of 1272.05.
Resistance level: 1282.00, 1292.05
Support level: 1272.05, 1259.65