GCMAsia - GOLD

GOLD_
2019-05-08

GOLD_, H4: Gold was traded higher following prior rebound from the 20 moving average line (Red). MACD which illustrate bullish bias momentum suggest the commodity to extend its gains toward the resistance level at 1287.65.
Resistance level: 1287.65, 1293.20
Support level: 1278.45, 1272.60