GCMAsia-GOLD

GOLD
2020-02-17

GOLD_, H4: Gold price was traded higher while currently testing the resistance level at 1583.40. However, MACD which illustrated diminishing bullish momentum suggest the commodity to be traded lower in short-term as technical correction.
Resistance level: 1583.40, 1590.05
Support level: 1576.45, 1564.50