GOLD

GOLD

The GOLD is trading just above the 1243 major level. If the precious metal will able to sustain above that level on 4 hourly basis we could see an upward move towards 1256 resistance. But it's important to bear in mind that, as long as the price stays below 1243, on a daily basis, the selling pressure is most likely dominate. In this case, we will see the 1235 and 1230 support levels

Support : 1243 – 1235 – 1230

Resistance : 1249 - 1256 -1265

16 Jul 18 (Mon)

11:49 am



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