GCMAsia - GOLD

GOLD
2020-03-25

GOLD_, H4: Gold price was traded higher following prior rebound from the support level at 1606.85. However, MACD which illustrated diminishing bullish momentum suggest the commodity to be traded lower in short-term as technical correction.
Resistance level: 1635.25, 1657.25
Support level: 1606.85, 1586.25