GCMAsia - GOLD
![GOLD_](https://www.gcmasia.co/analysis/en/wp-content/uploads/sites/2/2016/10/GOLd-1.png)
GOLD_
2017-06-21
Resistance and Support | Level | Explanation |
Resistance | 1247.00 | H1 |
Support | 1241.10 | H1 |
GOLD_, H1: Gold price was traded higher following prior rebound from the strong support level of 1241.10. A closure above the resistance level of 1247.00 would suggests gold price to extend its technical correction towards the 23.6 Fibonacci level of 1250.45.
Resistance level: 1247.00, 1250.45
Support level: 1241.10, 1237.55