GCMAsia - GOLD
GOLD_
2017-08-11
| Resistance and Support | Level | Explanation |
| Resistance | 1295.00 | Daily |
| Support | 1281.10 | Daily |
GOLD_, Daily: Gold price extended gains following prior formation of golden cross by both moving average line. MACD histogram which illustrates positive divergence signal suggests gold price to extend its upward momentum and retest near the strong resistance level of 1295.00.
Resistance level: 1295.00, 1307.50
Support level: 1281.10, 1270.35