GCMAsia-GOLD
GOLD
2020-03-17
GOLD_, H4: Gold price was traded lower following prior retracement from the resistance level at 1507.30. However, MACD which illustrated diminishing bearish momentum suggest the commodity to be traded higher in short-term as technical correction.
Resistance level: 1507.30, 1561.80
Support level: 1452.30, 1408.70