GCMAsia - GOLD
GOLD_
2017-05-29
| Resistance and Support | Level | Explanation |
| Resistance | 1273.70 | Daily |
| Support | 1244.85 | Daily |
GOLD_, Daily: Gold price has recently breakout from the top level of narrowing triangle, signaling a change in trend direction to move further upwards. MACD histogram which illustrate significant upward signal and momentum suggests gold price to move further upwards after breaking the resistance level of 1273.70
Resistance level: 1273.70, 1295.15
Support level: 1244.85, 1216.00