GCMAsia - GOLD
GOLD_
2017-07-04
| Resistance and Support | Level | Explanation |
| Resistance | 1232.00 | Daily |
| Support | 1217.00 | Daily |
GOLD_, Daily: Gold price has recently break out from the bottom level of ascending triangle, signaling a change in trend direction to move further downwards. Both MA lines which expands downwards after the formation of death cross suggests gold price to advance further down towards the target of 1217.00.
Resistance level: 1232.00, 1246.00
Support level: 1217.00, 1200.00