GCMAsia - GOLD
GOLD
2020-11-25
GOLD_, H4: Gold price was traded lower following recent breakout below the previous support level 1816.95. However, MACD which illustrate diminishing bearish momentum signal suggest the commodity to be traded higher as a short term technical correction back towards the level 1816.95.
Resistance level: 1816.95, 1853.90
Support level: 1787.55, 1753.75