GCMAsia - GOLD

GOLD_
2017-07-17
| Resistance and Support | Level | Explanation |
| Resistance | 1232.00 | Daily |
| Support | 1217.00 | Daily |

GOLD_, Daily: Gold price extended its gains following prior rebound near the support level of 1217.00. Recent closure above the 20-MA line (red) suggests gold price to extend its upward momentum after successfully closing above the resistance level of 1232.00.
Resistance level: 1232.00, 1247.00
Support level: 1217.00, 1200.00