GCMAsia-GOLD
GOLD
2020-10-12
GOLD_, H4: Gold price was traded higher following prior breakout above the previous resistance level at 1918.00. However, MACD which illustrate diminishing bullish momentum suggest the commodity to undergo technical correction in short term.
Resistance level: 1939.60, 1969.10
Support level: 1918.00, 1899.40