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GCMAsia - GOLD
GOLD_
GOLD_
2017-07-24
Resistance and Support Level Explanation
Resistance 1259.00 Daily
Support 1247.00 Daily

GOLD_, Daily: Gold price extended its gains following prior rebound while currently testing near the resistance level of 1259.00. MACD histogram which illustrates substantial upward signal suggests its price to continue its upward momentum after closing above the level of 1259.00.

 

Resistance level: 1259.00, 1270.35

Support level: 1247.00, 1232.00