GCMAsia - GOLD

GOLD_
2017-06-05
| Resistance and Support | Level | Explanation |
| Resistance | 1295.15 | Daily |
| Support | 1273.70 | Daily |

GOLD_, Daily: Gold price has extended its gains following prior breakout from the top level of narrowing triangle. MACD histogram which illustrates substantial upward signal suggests gold price to move further up, towards the target of resistance level at 1295.15.
Resistance level: 1295.15, 1314.75
Support level: 1273.70, 1244.85