GCMAsia - GOLD

GOLD_
2020-02-13

GOLD_, H4: Gold price was higher while currently testing the resistance level at 1571.35. MACD which illustrated diminishing bearish momentum with the formation of golden cross suggest the pair to extend its gains after it successfully breakout above the resistance level.
Resistance level: 1571.35, 1578.25
Support level: 1564.15, 1558.00