GCMAsia-GOLD

GOLD
2021-06-01
GOLD_, H4: Gold price remain traded in a sideway channel while currently testing the resistance level 1911.05. However, MACD which illustrate bullish bias signal with the recent formation of golden cross suggest the commodity to be traded higher after it breaks above the resistance level.
Resistance level: 1911.05, 1928.15
Support level: 1886.35, 1853.85