GCMAsia-GOLD
GOLD
2020-01-08
GOLD_, H4: Gold price was traded lower following prior retracement from the resistance level at 1608.90. However, MACD which illustrated increasing bullish momentum suggest the commodity to be traded higher in short-term as technical correction.
Resistance level: 1608.90, 1629.75
Support level: 1582.00, 1552.15