GCMAsia - GOLD
GOLD_
2017-06-19
| Resistance and Support | Level | Explanation |
| Resistance | 1271.00 | Daily |
| Support | 1246.00 | Daily |
GOLD_, Daily: Gold price remained traded within an ascending triangle following prior retracement from the strong resistance level of 1296.00 while forming a double top. Recent closure below the 60-moving average line (green) suggests gold price to extend its downward momentum towards the support level of 1246.00
Resistance level: 1271.00, 1296.00
Support level: 1246.00, 1217.00