83% of retail investor accounts lose money when trading CFDs with this provider.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
GCMAsia - GOLD
GOLD_
GOLD_
2019-08-13

GOLD_, H1: Gold price was traded higher while currently testing the resistance level 1512.30. However, MACD which display diminishing bullish momentum suggest the commodity to undergo short-term technical correction and retrace towards the support level 1492.10.

 

Resistance level: 1512.30, 1528.60
Support level: 1492.10, 1476.00