GCMAsia - GOLD

GOLD
2020-04-21

GOLD_, H4: Gold price was traded lower following prior retracement from the resistance level at 1700.15. However, MACD which illustrate diminishing bearish momentum suggest the pair to undergo technical correction toward the resistance level at 1700.15.
Resistance level: 1700.15, 1724.50
Support level: 1683.50, 1666.25