GCMAsia - GOLD

GOLD
2020-04-06

GOLD_, H4: Gold price was traded lower following prior retracement from the higher level. MACD which illustrate diminishing bullish momentum suggest the commodity to extend its retracement toward the support level at 1602.55.
Resistance level: 1636.30, 1664.70
Support level: 1602.55, 1579.00