GCMAsia - GOLD

GOLD_
2020-02-20

GOLD_, H4: Gold price was traded higher while currently testing near the resistance level 1613.35. MACD which illustrate diminishing bullish momentum signal suggest the commodity to experience a technical correction towards the support level 1588.05.
Resistance level: 1613.35, 1646.30
Support level: 1588.05, 1563.45