GCMAsia - GOLD
GOLD_
2019-12-27
GOLD_, H4: Gold price was traded higher while currently testing the resistance level at 1513.50. However, MACD which illustrated diminishing bullish momentum suggest the commodity to undergo short term technical correction toward the support level at 1501.95.
Resistance level: 1513.55, 1530.05
Support level: 1501.95, 1490.35