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300720 GOLD-Noon

by | Jul 30, 2020 | GOLD | 0 comments

GCMAsia-GOLD
GOLD
GOLD
2020-07-30

GOLD_, H4: Gold price was traded higher while currently testing the resistance level 1969.50. However, MACD which illustrate bearish momentum signal with the recent formation of death cross suggest the commodity to be traded lower as a technical correction towards the support level 1908.55.

 

Resistance level: 1969.50, 2010.60

Support level: 1908.55, 1857.95