GCMAsia - GOLD

GOLD_
2020-03-05

GOLD_, H1: Gold price was traded lower while currently testing the support level at 1635.20. However, MACD which illustrate diminishing bearish momentum suggest the commodity to undergo short term technical correction toward the resistance level at 1654.50.
Resistance level: 1654.50, 1671.60
Support level: 1635.20, 1625.95