GCMAsia - GOLD

GOLD
2019-03-01

GOLD_, H4: Gold price was traded lower following prior breakout below the previous support level 1315.05. However, MACD which illustrate diminishing bearish momentum suggest the commodity to experience a technical correction in short term towards back to the resistance level 1322.65.
Resistance level: 1315.05, 1322.65
Support level: 1302.90, 1287.05