GCMAsia - GOLD
GOLD_
2018-07-16
| Resistance and Support | Level | Explanation |
| Resistance | 1257.00 | Daily |
| Support | 1239.20 | Daily |
GOLD_, Daily: Gold price extended its losses in tandem with overall trend which skew towards bearish. MACD histogram which begins to form a bearish crossover suggests the commodity price to advance further down after breaking the strong support at 1239.20.
Resistance level: 1257.00, 1266.25
Support level: 1239.20, 1225.00