GCMAsia - GOLD

GOLD
2019-09-02

GOLD_, H4: Gold price was traded lower while currently testing near the support level 1519.00. However, MACD which illustrate diminishing bearish momentum suggest the commodity to be traded higher in short term as a technical correction towards the resistance level 1548.10.
Resistance level: 1548.10, 1588.40
Support level: 1519.00, 1488.85