GCMAsia - GOLD

GOLD
2020-07-23

GOLD_, H4: Gold price was traded higher following recent breakout above the previous resistance level 1850.00. However, MACD which illustrate diminishing bullish momentum signal suggest the commodity to experience a technical correction back towards the level 1850.00.
Resistance level: 1880.65, 1931.95
Support level: 1850.00, 1814.20