GCMAsia - GOLD
GOLD_
2017-04-05
| Resistance and Support | Level | Explanation |
| Resistance | 1256.00 | H1 |
| Support | 1252.85 | H1 |
GOLD_, H1: Gold price remains traded within an upward channel while currently testing near the bottom level of the channel. A breakout from this level would signal gold price to experience a change in trend direction to move further downwards. Otherwise, a rebound would suggest gold price to be traded higher in short-term within the upward channel.
Resistance level: 1256.00, 1261.10
Support level: 1252.85, 1250.30