GCMAsia - GOLD
GOLD_
2017-07-21
| Resistance and Support | Level | Explanation |
| Resistance | 1247.15 | H4 |
| Support | 1238.05 | H4 |
GOLD_, H4: Gold price has extended its gains following prior rebound near the support level of 1238.05. Both MA lines which continues to expand upwards after the formation of golden cross suggests gold price to extend its uptrend after closing above the strong resistance level of 1247.15.
Resistance level: 1247.15, 1253.00
Support level: 1238.05, 1231.70