GCMAsia - GOLD

GOLD_
2019-05-10

GOLD_, H4: Gold was traded higher following prior rebound from the 50 Moving Average line (Blue). MACD which illustrate diminishing bearish momentum suggest the pair to extend its gains toward the resistance level at 1287.65.
Resistance level: 1287.65, 1293.20
Support level: 1278.45, 1272.60