GCMAsia - GOLD
GOLD_
2017-04-07
| Resistance and Support | Level | Explanation |
| Resistance | 1270.00 | Daily |
| Support | 1242.00 | Daily |
GOLD_, Daily: Gold price was traded higher following prior rebound from the support level of 1242.00. With regards to both moving average line which continues to expand further upwards, gold price is expected to extend its upward momentum after breaking the resistance level of 1270.00.
Resistance level: 1270.00, 1300.00
Support level: 1242.00, 1215.50