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GCMAsia - GOLD
GOLD_
GOLD_
2017-05-30
Resistance and Support Level Explanation
Resistance 1271.00 H4
Support 1261.00 H4

GOLD_, H4: Gold price has recently break out from the top level of ascending triangle, signaling a change in trend direction to move further upwards. It is expected to extend its uptrend after breaking the resistance level of 1271.00

 

Resistance level: 1271.00, 1278.00

Support level: 1261.00, 1253.80, 1246.00