GCMAsia - GOLD
GOLD_
2017-08-24
| Resistance and Support | Level | Explanation |
| Resistance | 1292.75 | H1 |
| Support | 1287.85 | H1 |
GOLD_, H1: Gold price remains traded within a narrowing triangle following prior retracement from the top level. A closure below the support level of 1287.85 would suggest gold price to extend its short-term losses, towards the bottom level of the triangle.
Resistance level: 1292.75, 1296.50
Support level: 1287.85, 1283.90