GCMAsia-GOLD

GOLD
2019-10-17

GOLD_, H4: Gold price was traded lower following prior retracement from the resistance level at 1492.75. However, MACD which illustrated increasing bullish momentum suggest the commodity to be traded higher in short-term as technical correction.
Resistance level: 1492.75, 1502.50
Support level: 1480.55, 1470.60