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_
2017-09-15
Resistance and Support Level Explanation
Resistance 1339.55 H4
Support 1328.20 H4

GOLD, H4: Gold price was traded higher after breaking above resistance level at 1328.20. Formation of positive divergence as shown by MACD histogram suggests gold price to extend its gain toward the next resistance level at 1339.55.

Resistance level: 1339.55, 1357.40

Support level: 1328.20, 1321.35