GCMAsia - GOLD
GOLD_
2017-03-27
| Resistance and Support | Level | Explanation |
| Resistance | 1255.55 | Daily |
| Support | 1229.90 | Daily |
GOLD_, Daily: Gold price extended its gains following prior rebound from the 20-moving average line (red). Referring to the upward signal from MACD histogram which continues to expand upwards, gold price is expected advance further up after breaking the strong resistance level of 1255.25.
Resistance level: 1255.55, 1291.30
Support level: 1229.90, 1204.55