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GCMAsia - GOLD
GOLD_
GOLD_
2017-08-01
Resistance and Support Level Explanation
Resistance 1270.00 H4
Support 1261.10 H4

GOLD_, H4: Gold price were traded in an uptrend while currently testing near the strong resistance level of 1270.00. A breakout from this level would indicate further upside bias for gold price to extend its gains towards 1276.40 thereafter.

 

Resistance level: 1270.00, 1276.40

Support level: 1261.10, 1250.30