GCMAsia-GOLD

GOLD
2020-07-29

GOLD_, H4: Gold price was traded higher following prior breakout above the previous resistance level at 1931.20. However, MACD which illustrate bearish bias momentum signal suggest the commodity to undergo technical correction toward the support level at 1931.20.
Resistance level: 1977.60, 2006.40
Support level: 1931.20, 1900.50