GCMAsia - GOLD
GOLD_
2017-07-26
| Resistance and Support | Level | Explanation |
| Resistance | 1253.00 | H4 |
| Support | 1245.90 | H4 |
GOLD_, H4: Gold price pared its prior gains following a retracement from the previous high at 1258.65. MACD histogram which illustrates downward signal suggests gold price to extend its losses after breaking the 23.6 Fibonacci level at 1245.90.
Resistance level: 1253.00, 1258.65
Support level: 1245.90, 1238.00