GCMAsia - GOLD

GOLD_
2018-06-29
| Resistance and Support | Level | Explanation |
| Resistance | 1250.00 | H1 |
| Support | 1245.70 | H1 |

GOLD_, H1: Gold price was traded lower following a retrace prior to the resistance level at 1250.00. Recent price action suggests the pair to extend its losses, in tandem with the current bearish trendline towards the direction of 1245.70.
Resistance level: 1250.00, 1254.00
Support level: 1245.70, 1241.00