GCMAsia-GOLD

GOLD
2021-03-09

GOLD_, H1: Gold price was traded lower following prior breakout below the previous support level at 1693.00. However, MACD which illustrated diminishing bearish momentum suggest the commodity to be traded higher in short-term as technical correction.
Resistance level: 1693.00, 1711.05
Support level: 1661.50, 1631.85