GCMAsia - GOLD
GOLD_
2020-01-06
GOLD_, H1: Gold price was traded higher following prior breakout above the previous resistance level at 1572.10. However, MACD which illustrated diminishing bullish momentum suggest the commodity to undergo technical correction toward the lower level.
Resistance level: 1591.10, 1611.80
Support level: 1572.10, 1551.10