GCMAsia-GOLD
GOLD
2020-04-16
GOLD_, H1: Gold price was traded lower following prior retracement from the resistance level at 1745.60. However, MACD which illustrated diminishing bearish momentum suggest the commodity to be traded higher in short-term as technical correction.
Resistance level: 1745.60, 1770.40
Support level: 1698.65, 1657.80