GCMAsia - GOLD
GOLD_
2017-08-09
| Resistance and Support | Level | Explanation |
| Resistance | 1265.50 | H4 |
| Support | 1257.60 | H4 |
GOLD_, H4: Gold price remains traded within a downward channel while currently testing at the top level. A successful breakout from this level would signal a change in trend direction to extend its upside thereafter. Otherwise, a retracement would suggest short-term downside bias and to be remained traded within the downward channel.
Resistance level: 1265.50, 1273.95
Support level: 1257.60, 1247.50