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GCMAsia - GOLD
GOLD_
GOLD_
2017-10-24
Resistance and Support Level Explanation
Resistance 1283.40 H1
Support 1278.40 H1

GOLD_, H1: Gold price was traded lower prior retracement from resistance level at 1283.40. Downward slope of MACD histogram suggests gold price to undergo short-term technical correction toward the support level at 1278.40.

Resistance level: 1283.40, 1290.45

Support level: 1278.40, 1273.95