GCMAsia - GOLD
GOLD
2020-05-26
GOLD_, H4: Gold price was traded lower while currently testing near the support level 1726.90. However, MACD which display diminishing bearish bias signal with the formation of golden cross suggest the commodity to be traded higher as a technical correction towards the resistance level 1768.05.
Resistance level: 1768.05, 1800.00
Support level: 1726.90, 1673.95