GCMAsia - GOLD

GOLD_
2017-07-27
| Resistance and Support | Level | Explanation |
| Resistance | 1270.35 | Daily |
| Support | 1259.00 | Daily |

GOLD_, Daily: Gold price extended gains following prior rebound from the support level of 1247.00 while closing above 60-MA line (green). Recent closure above 1259.00 suggests gold price to advance further up towards the next target at 1270.35.
Resistance level: 1270.35, 1281.00
Support level: 1259.00, 1247.00