GCMAsia-GOLD

GOLD
2019-10-16

GOLD_, H4: Gold price was higher following prior rebound from the support level at 1478.65. However, MACD which illustrated increasing bearish momentum suggest its price to be traded lower in short-term as technical correction.
Resistance level: 1493.20, 1502.90
Support level: 1478.65, 1469.35