GCMAsia - GOLD
GOLD_
2018-06-18
| Resistance and Support | Level | Explanation |
| Resistance | 1285.95 | Daily |
| Support | 1275.00 | Daily |
GOLD_, Daily: Gold price was traded higher after gaining some support near the threshold of 1275.00. Recent price action suggests the commodity price to be traded higher in short-term as technical correction before extending its losses based on the prior formation of death cross from MACD histogram.
Resistance level: 1285.95, 1304.30
Support level: 1275.00, 1266.25