GCMAsia - GOLD
GOLD_
2019-08-08
GOLD_, H4: Gold price was traded higher following prior breakout above previous resistance level 1495.60. However, MACD which illustrate diminishing bullish momentum suggest the commodity to experience a technical correction in short term towards the support level 1495.60.
Resistance level: 1515.55, 1535.00
Support level: 1495.60, 1475.50