GCMAsia - GOLD
GOLD_
2017-07-12
| Resistance and Support | Level | Explanation |
| Resistance | 1220.00 | H4 |
| Support | 1207.00 | H4 |
GOLD_, H4: Gold price remains traded within a downward channel after recent rebound from the support level of 1207.00. A closure above the resistance level of 1220.00 would suggest gold price to extend its upward momentum towards the upper level of the channel.
Resistance level: 1220.00, 1230.00
Support level: 1207.00, 1197.00