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020419 GOLD_-Noon

by | Apr 2, 2019 | GOLD | 0 comments

GCMAsia - GOLD
GOLD_
GOLD_
2019-04-02

GOLD_, H4: Gold price was traded lower following prior breakout below the previous support level at 1292.30. However, MACD which illustrate bullish momentum and the formation of golden cross suggest gold to undergo technical correction toward the resistance level at 1292.30.

 

Resistance level: 1292.30, 1300.25

Support level: 1283.70, 1277.05