GCMAsia - GOLD
GOLD_
2017-08-25
| Resistance and Support | Level | Explanation |
| Resistance | 1287.85 | H1 |
| Support | 1283.90 | H1 |
GOLD_, H1: Gold price remained traded within a narrowing triangle while currently testing at the bottom level. Both MA line which has formed a death cross signal suggests possibility for a breakout to occur at this level and suggest a change in trend direction to move further downwards thereafter.
Resistance level: 1287.85, 1295.75
Support level: 1283.90, 1279.90