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GCMAsia - GOLD
GOLD_
GOLD_
2017-06-23
Resistance and Support Level Explanation
Resistance 1253.70 H4
Support 1247.00 H4

GOLD_, H4: Gold price were traded higher after rebounding from the support level of 1247.00. It is suggested to extend its upward momentum after successfully breaking the 23.6 Fibonacci level at 1253.70.

 

Resistance level: 1253.70, 1261.75

Support level: 1247.00, 1240.65