83% of retail investor accounts lose money when trading CFDs with this provider.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
GCMAsia - GOLD
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