GCMAsia - GOLD

GOLD
2020-10-01

GOLD_, H4: Gold price was traded higher while currently testing near the resistance level 1902.20. However, MACD which illustrate diminishing bullish momentum signal suggest the commodity to be traded lower as a technical correction towards the support level 1854.20.
Resistance level: 1902.20, 1970.55
Support level: 1854.20, 1790.05