GCMAsia - GOLD

GOLD_
2019-04-15

GOLD_, H4: Gold price was traded lower following prior breakout below the previous support level at 1293.20. However, MACD which illustrate diminishing bearish momentum suggest gold to undergo technical correction in short term toward the resistance level at 1293.20.
Resistance level: 1293.20, 1300.25
Support level: 1285.50, 1277.05