GCMAsia - GOLD

GOLD
2020-05-20

GOLD_, H4: Gold price was traded higher following prior breakout above the previous resistance level at 1738.15. MACD which illustrate diminishing bearish momentum signal suggest the commodity to extend its gains toward the resistance level at 1757.60.
Resistance level: 1757.60, 1766.35
Support level: 1738.15, 1726.05