GCMAsia - GOLD

GOLD
2018-08-06
| Resistance and Support | Level | Explanation |
| Resistance | 1242.00 | Daily |
| Support | 1207.00 | Daily |

GOLD_, Daily: The price of gold has been traded higher following recent rebound from the support level 1207.00. MACD which display bullish signal with the positive divergence pattern suggest the yellow metal to experience a short term technical correction towards the resistance level 1242.00 and trend line.
Resistance level: 1242.00, 1288.00
Support level: 1207.00, 1184.00