GCMAsia-GOLD
GOLD
2020-01-13
GOLD_, H1: Gold price was traded higher following prior rebound from the support level at 1550.30. However, MACD which illustrated diminishing bullish momentum suggest the commodity be traded lower in short-term as technical correction.
Resistance level: 1578.75, 1608.90
Support level: 1550.30, 1517.65