GOLD

GOLD

Gold price is trading below the 1226 resistance level. In the event that the downward movement continues, we will face support levels at 1210 and 1297. However, the 1210 level is a significant daily support level. As long as the price remains above that level, we expect the downward trend may lay over. On the other hand, if the pair goes beyond 1226, the next resistance level will be at 1236.

 

Support: 1210 – 1197 – 1186

 

Resistance: 1226 – 1236 - 1255

10 May 17 (Wed)

10:47 am



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