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GCMAsia - GOLD
GOLD_
GOLD_
2018-07-23
Resistance and Support Level Explanation
Resistance 1239.20 Daily
Support 1225.00 Daily

GOLD_, Daily: Gold price extended gains following prior rebound near the support level at 1225.00. MACD histogram which illustrate positive divergence signal suggests the commodity price to advance further up in short-term, towards the next target near 1239.20.

 

Resistance level: 1239.20, 1257.00

Support level: 1225.00, 1204.70