GCMAsia - GOLD

GOLD_
2017-07-07
| Resistance and Support | Level | Explanation |
| Resistance | 1222.30 | H1 |
| Support | 1217.00 | H1 |

GOLD_, H1: Gold price was traded lower following prior breakout from the support level of 1222.30. Stochastic Oscillator displays further retracement from the oversold region suggests gold price to advance further down, towards the support level of 1217.00.
Resistance level: 1222.30, 1228.00
Support level: 1217.00, 1211.00