GOLD

GOLD

Gold showed profit taking action and dropped to the 1226 support level last week. As long as the price trades above 1226, we will face resistance levels at 1236 and 1255. On the otherhand, if the price falls below 1226, the next support level will be at 1210. However in the event that the price sustains and has daily closing above the 1210 key support level, the bullish outlook may continue.

Support: 1226 - 1210 - 1197

Resistance: 1236 - 1255 – 1273

06 Mar 17 (Mon)

10:21 am



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