GCMAsia - GOLD
GOLD_
2018-07-30
| Resistance and Support | Level | Explanation |
| Resistance | 1239.20 | Daily |
| Support | 1222.00 | Daily |
GOLD_, Daily: Gold price extended its losses following prior retracement from the 20-MA line (red). Both MA line which continues to expand downwards suggests the commodity price to advance further down after successfully breaking the strong support near 1222.00.
Resistance level: 1239.20, 1257.00
Support level: 1222.00, 1204.70