GCMAsia - GOLD

GOLD
2020-08-17

CrudeOIL, H4: Crude oil price was traded higher while currently testing the resistance level 42.60. MACD which illustrate bullish bias signal with the formation of golden cross suggest the commodity to extend its gains after it breaks above the resistance level.
Resistance level: 42.60, 43.55
Support level: 41.05, 39.60