GCMAsia - GOLD

GOLD_
2020-01-15

GOLD_, H4: Gold price was traded higher while currently testing the resistance level at 1551.10. MACD which illustrated diminishing bearish momentum suggest the commodity to extend its gains after it successfully breakout above the resistance level at 1551.10.
Resistance level: 1551.10, 1561.85
Support level: 1538.45, 1530.05