GCMAsia - GOLD
GOLD_
2017-09-25
| Resistance and Support | Level | Explanation |
| Resistance | 1299.05 | Daily |
| Support | 1281.00 | Daily |
GOLD_, Daily: Gold price was traded lower following prior retracement from the resistance level of 1299.05. Both signal line from MACD histogram which continues to expand downwards suggests gold price to extend its downward momentum after closing below the 60-MA line (green).
Resistance level: 1299.05, 1321.35
Support level: 1281.00, 1263.00