GCMAsia - GOLD

GOLD_
2018-06-27
| Resistance and Support | Level | Explanation |
| Resistance | 1260.00 | H1 |
| Support | 1255.00 | H1 |

GOLD_, H1: Gold price was traded lower following prior retracement from the 20-MA line (red). However, MACD histogram which illustrate some bullish signal may suggest the commodity price to experience retracement before extending its major bearish trending.
Resistance level: 1260.00, 1264.00
Support level: 1255.00, 1250.00