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_
2018-06-11
Resistance and Support Level Explanation
Resistance 1300.00 Daily
Support 1285.95 Daily

GOLD_, Daily: Gold price extended its recovery following prior rebound near the strong support level of 1285.95. MACD histogram which illustrate persistent upward signal suggests the commodity price to advance further upwards after breaking the downward trendline and resistance level at 1300.00.

 

Resistance level: 1300.00, 1312.70

Support level: 1285.95, 1266.90