GCMAsia - GOLD
GOLD_
2017-05-31
| Resistance and Support | Level | Explanation |
| Resistance | 1263.00 | H4 |
| Support | 1253.80 | H4 |
GOLD_, H4: Gold price remained within an upward channel following prior retracement near the resistance level of 1271.00. A closure below the 60-moving average line (green) would suggest gold price to advance further down, towards the target of support level at 1253.80.
Resistance level: 1263.00, 1271.00
Support level: 1253.80, 1246.00