GCMAsia - GOLD

GOLD_
2019-09-03

GOLD_, H4: Gold price was traded lower while currently testing the 50 moving average line (Blue). MACD which display diminishing bearish momentum suggest the commodity to undergo short term technical correction toward the resistance level at 1526.90.
Resistance level: 1526.90, 1548.05
Support level: 1507.10, 1490.00