GCMAsia - GOLD
GOLD_
2017-08-10
| Resistance and Support | Level | Explanation |
| Resistance | 1276.40 | H4 |
| Support | 1270.00 | H4 |
GOLD_, H4: Gold price extended gains following prior closure above the strong resistance level at 1270.00. Both MA lines which continues to narrow upwards suggest gold price to extend its upward momentum after closing above the resistance level of 1276.40.
Resistance level: 1276.40, 1286.00
Support level: 1270.00, 1261.10