GCMAsia - GOLD
GOLD_
2017-04-21
| Resistance and Support | Level | Explanation |
| Resistance | 1280.75 | H1 |
| Support | 1276.80 | H1 |
GOLD_, H1: Gold price remains traded within a range of 1283.55 and 1276.80 following prior retracement from the upper level of the range. It is expected to advance further down, towards the lower level of the range at the support level of 1276.80. The overall trend of gold price still remains traded within a downward channel.
Resistance level: 1280.75, 1283.55
Support level: 1276.80, 1271.75