GCMAsia - GOLD

GOLD
2019-03-06

GOLD_, H4: Gold price was traded lower while currently testing near the support level 1285.65. However, MACD which illustrate starting bullish momentum with the formation of golden cross suggest gold to undergo short-term technical correction and rebound towards the resistance level 1295.15.
Resistance level: 1295.15, 1303.50
Support level: 1285.65, 1278.90