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151220 GOLD

by | Dec 15, 2020 | GOLD | 0 comments

GCMAsia-GOLD
GOLD
GOLD
2020-12-15

GOLD_, H4: Gold price remain traded in a sideway channel while currently testing near the support level 1815.15. However, MACD which illustrate diminishing bearish momentum signal suggest the commodity to be traded higher in short term towards the resistance level 1850.45.

 

Resistance level: 1850.45, 1881.25

Support level: 1815.15, 1769.75