GCMAsia - GOLD
GOLD
2020-10-12
GOLD_, H4: Gold price was traded higher following prior breakout above the previous resistance level 1914.20. However, MACD which illustrate diminishing bullish momentum signal suggest the commodity to be traded lower as a technical correction towards the support level 1914.20.
Resistance level: 1970.55, 2010.30
Support level: 1914.20, 1854.20