GCMAsia - GOLD

GOLD
2021-04-06

GOLD_, H4: Gold price was traded higher following prior breakout above the previous resistance level at 1723.35. However, MACD which illustrated diminishing bullish momentum signal suggest the commodity to undergo technical correction in short term.
Resistance level: 1738.95, 1754.15
Support level: 1723.35, 1710.80