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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
GCMAsia-GOLD
GOLD
GOLD
2020-08-24

GOLD_, H4: Gold price was traded higher following recent rebound from the support level 1908.55. MACD which illustrate diminishing bearish momentum suggest the commodity to extend its rebound towards the resistance level 1966.20.

 

Resistance level: 1966.20, 2016.10

Support level: 1908.55, 1857.95