GCMAsia - GOLD
GOLD_
2018-07-05
| Resistance and Support | Level | Explanation |
| Resistance | 1260.00 | H1 |
| Support | 1254.00 | H1 |
GOLD_, H1: Gold price was traded higher following prior rebound from the support level at 1254.00. However, MACD histogram which continues to illustrate bearish bias may suggest the commodity price remain in consolidation phase before extending its bullish bias.
Resistance level: 1260.00, 1267.00
Support level: 1254.00, 1249.15