GCMAsia-GOLD

GOLD
2020-07-29

GOLD_, H1: Gold price was traded higher following prior rebound from the support level at 1906.00. However, MACD which illustrated diminishing bullish momentum suggest the commodity to be traded lower in short-term as technical correction.
Resistance level: 1976.35, 2015.40
Support level: 1906.00, 1861.75