GCMAsia - GOLD

GOLD
2020-08-13

GOLD_, H4: Gold price was traded lower while currently testing near the support level 1908.55. However, MACD which illustrate diminishing bearish momentum signal suggest the commodity to experience a technical correction towards the resistance level 1970.60.
Resistance level: 1970.60, 2016.10
Support level: 1908.55, 1857.95