GCMAsia - GOLD

GOLD_
2019-05-15

GOLD_, H1: Gold price was traded higher following prior rebound from its lower level. MACD which illustrate diminishing downward momentum suggests its prices to extend further up after closing above the 20-MA line (red).
Resistance level: 1302.50, 1311.40
Support level: 1295.65, 1285.80