GCMAsia - GOLD
GOLD_
2017-10-18
| Resistance and Support | Level | Explanation |
| Resistance | 1290.20 | h1 |
| Support | 1283.40 | H1 |
GOLD_, H1: Gold price was traded higher prior its rebound from support level at 1283.40. Formation of pin bar and golden-cross by MACD signal line suggest gold price to trade higher, testing the resistance by 200-MA line.
Resistance level: 1290.20, 1297.60
Support level: 1283.40, 1278.35