GCMAsia-GOLD

GOLD
2020-10-08

GOLD_, H4: Gold price was traded lower following prior retracement from the resistance level at 1916.00. However, MACD which illustrated diminishing bearish momentum suggest the commodity to be traded higher in short-term as technical correction.
Resistance level: 1916.00, 1954.85
Support level: 1852.15, 1813.70