GOLD
The Bullish action has been behind the Gold for two weeks. In the event that the yellow metal continues to rise, we will face resistance level at 1255. Moreover, in order for the rise to gain more momentum, it needs to go beyond 1255 and remains above that level. Otherwise, we might see a profit taking action below 1255 and we will face again support levels at 1236 and 1226.
Support: 1236 – 1226 –1210
Resistance: 1255 – 1273 – 1286
21 Jul 17 (Fri)
10:31 am
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