GCMAsia - GOLD

GOLD_
2020-02-19

GOLD_, H4: Gold price was traded higher while currently testing the resistance level at 1602.50. However, MACD which illustrated diminishing bullish momentum suggest the commodity to be traded lower in short-term as technical correction.
Resistance level: 1602.50, 1610.00
Support level: 1588.70, 1575.35