GCMAsia - GOLD
GOLD_
2017-10-27
| Resistance and Support | Level | Explanation |
| Resistance | 1280.65 | Daily |
| Support | 1267.70 | Daily |
GOLD_, Daily: Gold price was traded lower prior retracement from resistance level at 1280.65. The commodity is currently testing the support level at 1267.70 and support by 200-MA line. Successful closure below the said support level would indicate the commodity to extend its losses toward the next support level at 1256.95.
Resistance level: 1280.65, 1302.00
Support level: 1267.70, 1256.95