GCMAsia - GOLD

GOLD
2020-04-27

GOLD_, H4: Gold price was traded higher while currently testing the resistance level at 1723.45. However, MACD which illustrate diminishing bullish momentum signal suggest the commodity to undergo technical correction toward the lower level.
Resistance level: 1724.45, 1738.15
Support level: 1711.25, 1700.15