GCMAsia - GOLD
GOLD
2020-04-07
GOLD_, H1: Gold price was traded higher following prior breakout above the previous resistance level at 1663.80. However, MACD which illustrate diminishing bullish momentum suggest the commodity to undergo technical correction in short term toward the support level at 1663.80.
Resistance level: 1681.50, 1701.20
Support level: 1663.80, 1651.40