GCMAsia - GOLD

GOLD_
2017-07-10
| Resistance and Support | Level | Explanation |
| Resistance | 1217.00 | Daily |
| Support | 1200.00 | Daily |

GOLD_, Daily: Gold price has extended its losses following prior breakout from the bottom level of ascending triangle. Both MA lines which continues to expand downwards suggests further downward bias for gold price to extend its losses towards the target of support level at 1200.00.
Resistance level: 1217.00, 1232.00
Support level: 1200.00, 1180.00