GCMAsia-GOLD
GOLD
2020-02-11
GOLD_, H4: Gold price was traded higher following prior breakout above the previous resistance level 1563.45. However, MACD which illustrate diminishing bullish momentum suggest the commodity to be traded lower as a short term technical correction towards the current support level 1563.45.
Resistance level: 1588.05, 1613.35
Support level: 1563.45, 1542.15