GCMAsia - GOLD
GOLD
2019-04-12
GOLD_, H4: Gold price was traded lower following prior breakout from the support of 1295.65. However, MACD which illustrate diminishing bearish momentum suggest gold to undergo short-term technical correction and rebound towards the resistance level 1295.65.
Resistance level: 1295.65, 1304.00
Support level: 1287.50, 1280.10