GCMAsia - GOLD
GOLD_
2017-06-28
| Resistance and Support | Level | Explanation |
| Resistance | 1250.10 | H4 |
| Support | 1243.00 | H4 |
GOLD_, H4: Gold price was traded higher following prior rebound from the support level of 1243.00 while currently testing near the downtrend line. A successful breakout from this line would suggest further upward bias for gold price to move towards the target of resistance level at 1258.90.
Resistance level: 1250.10, 1258.90
Support level: 1243.00, 1235.95