GCMAsia - GOLD
GOLD_
2017-09-18
| Resistance and Support | Level | Explanation |
| Resistance | 1320.80 | Daily |
| Support | 1305.00 | Daily |
GOLD_, Daily: Gold price was traded lower following prior closure below the 20-MA line (red). MACD histogram indicator which illustrate substantial downward momentum suggests gold price to extend its losses, towards the next target at 1305.00.
Resistance level: 1320.80, 1350.00
Support level: 1305.00, 1278.45