GCMAsia - GOLD
GOLD_
2018-07-10
| Resistance and Support | Level | Explanation |
| Resistance | 1259.00 | H1 |
| Support | 1255.10 | H1 |
GOLD_, H1: Gold price extended its bullish bias following prior rebound from the 60-MA line (green). MACD histogram which illustrate diminishing downward momentum suggests the commodity price to edge further up after breaking the resistance level near 1259.00.
Resistance level: 1259.00, 1264.60
Support level: 1255.10, 1251.15