GCMAsia - GOLD
GOLD_
2017-07-28
| Resistance and Support | Level | Explanation |
| Resistance | 1261.10 | H4 |
| Support | 1250.30 | H4 |
GOLD_, H4: Gold price was traded higher following prior rebound from the 20-MA line (red). A successful closure above the resistance level of 1261.10 would suggest gold price to extend its uptrend towards the following target at 1270.00 thereafter.
Resistance level: 1261.10, 1270.00
Support level: 1250.30, 1239.55