GCMAsia - GOLD

GOLD
2020-03-26

GOLD_, H4: Gold price was traded higher following prior rebound from the support level at 1602.55. However, MACD which illustrate diminishing bullish momentum signal suggest the commodity to undergo technical correction toward the support level at 1602.55.
Resistance level: 1634.90, 1664.70
Support level: 1602.55, 1579.00