GCMAsia - GOLD
GOLD_
2018-06-28
| Resistance and Support | Level | Explanation |
| Resistance | 1254.00 | H1 |
| Support | 1250.00 | H1 |
GOLD_, H1: Gold price was traded higher after regaining some support at 1250.00. MACD histogram which illustrate diminished downward momentum suggests the commodity price to be traded higher in short-term as technical correction. Otherwise, long-term trend direction is subject to major bearish trendline.
Resistance level: 1254.00, 1260.00
Support level: 1250.00, 1245.70