GCMAsia-GOLD

GOLD
2020-04-21

GOLD_, H4: Gold price was traded lower following prior retracement from the resistance level at 1701.20. However, MACD which illustrated diminishing bearish momentum suggest the commodity to be traded higher in short-term as technical correction.
Resistance level: 1701.20, 1737.25
Support level: 1670.95, 1634.75