GCMAsia - GOLD
GOLD
2020-07-16
GOLD_, H4: Gold price was traded in a tight range following recent retracement from the resistance level 1817.10. However, MACD which illustrate diminishing bullish momentum signal suggest the commodity to be traded lower in short term towards the support level 1790.05.
Resistance level: 1817.10, 1840.00
Support level: 1790.05, 1764.25