GCMAsia - GOLD

GOLD
2019-04-18

GOLD_, H4: Gold price was traded lower while currently testing the support level 1272.05. However, MACD which illustrate diminishing bearish momentum signal suggest the commodity to experience a short term technical correction towards the resistance level 1280.85.
Resistance level: 1280.85, 1287.00
Support level: 1272.05, 1264.60