GCMAsia - GOLD

GOLD_
2020-01-17

GOLD_, H1: Gold price was traded higher following prior rebound near the support level at 1551.10. MACD which shows diminishing downward momentum suggests its price to be traded higher in short term toward the resistance level at 1561.85.
Resistance level: 1561.85, 1572.10
Support level: 1551.10, 1538.45