GOLD

GOLD

Gold price surged dramatically yesterday and it is trading above the 1255 key support level right now. As long as the price sustains above 1255 on four-hourly basis, the bullish action may gain momentum. At this point, we will follow 1273 and 1286 as resistance levels. On the other hand, if the price drops below 1255, the next support level will be at 1236.

 

Support: 1255-1236-1226

 

Resistance: 1273-1286-1294

18 May 17 (Thu)

11:09 am



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