GCMAsia-GOLD

GOLD
2020-06-03

GOLD_, H1: Gold price was traded lower following prior retracement from the resistance level at 1731.95. However, MACD which illustrated diminishing bearish momentum suggest the commodity to be traded higher in short-term as technical correction.
Resistance level: 1731.95, 1743.00
Support level: 1723.20, 1712.15