GCMAsia - GOLD

GOLD_
2017-09-26
| Resistance and Support | Level | Explanation |
| Resistance | 1321.35 | H4 |
| Support | 1299.05 | H4 |

GOLD_, H4: Gold price was traded higher prior breaking above resistance level at 1299.05 and 200-MA line. Upward slope of MACD histogram suggests gold price to continue its momentum to trade higher toward the next resistance level at 1321.35.
Resistance level: 1321.35, 1334.85
Support level: 1299.05, 1289.80