GCMAsia - GOLD
GOLD_
2017-09-21
| Resistance and Support | Level | Explanation |
| Resistance | 1304.00 | H4 |
| Support | 1299.05 | H4 |
GOLD_, H4: Gold price was traded lower prior breaking below support by 200-MA around 1304.00. It is currently testing the support level at 1299.05. Successful breakout of the said support level would indicate gold price to further its losses toward the next support level at 1281.05.
Resistance level: 1304.00, 1321.35
Support level: 1299.05, 1281.05