GCMAsia - 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