GCMAsia-GOLD
GOLD
2020-12-09
GOLD_, H4: Gold price was traded higher following prior breakout above the previous resistance level at 1864.10. However, MACD which illustrated diminishing bullish momentum suggest the commodity to be traded lower in short-term as technical correction.
Resistance level: 1888.30, 1908.60
Support level: 1864.10, 1840.35