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GCMAsia - GOLD
GOLD_
GOLD_
2017-07-31
Resistance and Support Level Explanation
Resistance 1270.35 Daily
Support 1259.00 Daily

GOLD_, Daily: Gold price was traded higher following prior rebound from the support level of 1247.00. MACD histogram which illustrates substantial upward signal suggests gold price to extend its uptrend after closing above the resistance level of 1270.35.

 

Resistance level: 1270.35, 1281.00, 1295.00

Support level: 1259.00, 1247.00