GCMAsia - GOLD
GOLD_
2017-07-19
| Resistance and Support | Level | Explanation |
| Resistance | 1246.75 | H4 |
| Support | 1240.20 | H4 |
GOLD_, H4: Gold price has extended its gains following previous formation of golden cross by both moving average line. As both lines continue to expand upwards, a rebound from the support level of 1240.20 would suggest gold price continue its prior uptrend.
Resistance level: 1246.75, 1253.00
Support level: 1240.20, 1230.00