GCMAsia - GOLD

GOLD
2020-10-26

GOLD_, H4: Gold price remain traded in a sideway channel following recent retracement from MA lines. However, MACD which illustrate bearish momentum signal suggest the commodity to be traded lower towards the support level 1879.05.
Resistance level: 1918.90, 1970.55
Support level: 1879.05, 1847.70