GCMAsia - GOLD

GOLD_
2020-06-17

GOLD_, H4: Gold price was traded higher following recent rebound from its low levels. MACD which illustrate diminishing bearish momentum signal suggest the commodity to extend its rebound in short term towards the resistance level 1736.80.
Resistance level: 1736.80, 1761.25
Support level: 1701.70, 1676.00