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GCMAsia - GOLD
GOLD_
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

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