GCMAsia - GOLD

GOLD
2019-04-09

GOLD_, H4: Gold price was traded higher while currently testing near the resistance level 1300.10. However, MACD which illustrate diminishing bullish momentum suggest the commodity to experience a short-term technical correction towards the support level 1293.55.
Resistance level: 1300.10, 1310.70
Support level: 1293.55, 1287.00