GCMAsia - GOLD
GOLD_
2017-08-17
| Resistance and Support | Level | Explanation |
| Resistance | 1292.05 | H4 |
| Support | 1282.00 | H4 |
GOLD_, H4: Gold price was traded higher following a successful rebound from the 23.6 Fibonacci level at 1271.90. Recent closure above the 20-MA line (red) suggests further upside bias towards the previous high at 1292.05.
Resistance level: 1292.05, 1300.00
Support level: 1282.00, 1271.90