GCMAsia - GOLD
GOLD_
2017-03-31
| Resistance and Support | Level | Explanation |
| Resistance | 1244.30 | H1 |
| Support | 1240.60 | H1 |
GOLD_, H1: Gold price has recently break out from the bottom level of downward channel, signaling a change in trend direction to move further downwards. It is expected to extend its current losses after successful closing below previous low, near the support level of 1240.60.
Resistance level: 1244.30, 1247.70
Support level: 1240.60, 1236.55