GCMAsia - GOLD

GOLD_
2019-10-15

GOLD_, H4: Gold price was traded higher following prior rebound from the support level at 1487.35. MACD which illustrated bullish momentum signal with the formation of golden cross suggest the commodity to extend its rebound towards the resistance level 1514.60.
Resistance level: 1514.60, 1535.10
Support level: 1487.35, 1455.85