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GCMAsia - GOLD
GOLD_
GOLD_
2017-06-29
Resistance and Support Level Explanation
Resistance 1250.10 H4
Support 1243.00 H4

GOLD_, H4: Gold price seesawed near the downward trendline following prior retracement. A successful breakthrough from the downward trendline would signal a change in trend direction to move further upwards thereafter and next target would be at 1258.90.

 

Resistance level: 1250.10, 1258.90

Support level: 1243.00, 1235.95