GCMAsia - GOLD

GOLD_
2019-10-16

GOLD_, H4: Gold price was traded higher while currently testing near the resistance level 1487.35. MACD which illustrate diminishing bearish momentum signal suggest the commodity to extend its gains after it breaks above the resistance level.
Resistance level: 1487.35, 1514.60
Support level: 1455.85, 1413.85