GCMAsia - 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