GCMAsia-GOLD

GOLD
2020-05-12

GOLD_, H1: Gold price was traded lower while currently testing the support level at 1693.90. However, MACD which illustrated diminishing bearish momentum suggest the commodity to be traded higher in short-term as technical correction.
Resistance level: 1706.95, 1720.70
Support level: 1693.90, 1683.45