GCMAsia - GOLD

GOLD_
2018-07-02
| Resistance and Support | Level | Explanation |
| Resistance | 1257.00 | Daily |
| Support | 1239.20 | Daily |

GOLD_, Daily: Gold price was traded higher following a rebound while currently testing at the threshold of 1257.00. MACD histogram which illustrate diminished downward momentum may suggest the pair to be traded higher in short-term as technical correction before continuing its major bearing trend.
Resistance level: 1257.00, 1266.25
Support level: 1239.20, 1225.00