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GCMAsia - GOLD
GOLD_
GOLD_
2017-10-25
Resistance and Support Level Explanation
Resistance 1279.55 H1
Support 1273.95 H1

GOLD_, H1: Gold price was traded lower prior retracement from resistance level at 1279.55. Formation of dark cloud cover candlestick pattern and bearish candlestick arrangement suggest gold price on bias to extend losses toward the support level at 1273.95.

Resistance level: 1279.55, 1283.40

Support level: 1273.95, 1268.55