GCMAsia - GOLD

GOLD_
2019-12-26

GOLD_, Daily: Gold price was traded higher following prior breakout above the previous resistance level at 1488.25. However, MACD which illustrated diminishing bullish momentum suggest the commodity to be traded lower in short-term as technical correction
Resistance level: 1511.00, 1529.25
Support level: 1488.25, 1475.25