GCMAsia - GOLD
GOLD_
2018-02-26
| Resistance and Support | Level | Explanation |
| Resistance | 1340.00 | Daily |
| Support | 1312.00 | Daily |
GOLD_, Daily: Gold price extended its losses following prior retracement from 1353.70 while forming a double top formation. MACD histogram which illustrate persistent downward signal suggests the commodity price to advance further down after closing below the 60-MA line (green).
Resistance level: 1340.00, 1353.70
Support level: 1312.00, 1295.00