GCMAsia - GOLD

GOLD
2020-04-16

GOLD_, H1: Gold price was traded lower while currently testing the 50 moving average line (Blue). MACD which illustrate diminishing bearish momentum suggest the pair to extend its gains toward the resistance level at 1722.15.
Resistance level: 1722.15, 1746.05
Support level: 1700.15, 1683.50