GCMAsia - GOLD

GOLD_
2017-06-15
Resistance and Support | Level | Explanation |
Resistance | 1270.00 | H4 |
Support | 1258.50 | H4 |
GOLD_, H4: Gold price remained traded within a descending triangle following prior rebound from the bottom level at 1258.50. Recent rebound suggests gold price to extend its retracements towards the first target at 1270.00.
Resistance level: 1270.00, 1281.80
Support level: 1258.50, 1247.50