GCMAsia - GOLD

GOLD_
2017-07-25
| Resistance and Support | Level | Explanation |
| Resistance | 1258.00 | H1 |
| Support | 1252.00 | H1 |

GOLD_, H1: Gold price were traded higher following prior rebound near the support level of 1252.00. A successful closure above the 20-MA line (red) would suggest gold price to advance further up and retest at previous high of 1258.00.
Resistance level: 1258.00, 1262.90
Support level: 1252.00, 1246.60