GCMAsia - GOLD

GOLD_
2020-02-28

GOLD_, H4: Gold price was traded flat near the support level 1639.25. However, MACD which illustrate diminishing bearish momentum suggest the commodity to be traded higher towards resistance level 1683.10.
Resistance level: 1683.10, 1717.10
Support level: 1639.25, 1613.35