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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
GCMAsia - GOLD
GOLD_
GOLD_
2019-03-28

GOLD, H4: Gold price was traded lower while currently testing near the bottom-level of the upward channel. MACD which illustrate diminishing bearish momentum suggest gold to rebound towards the top-level of the channel.

 

Resistance level: 1315.00, 1323.00
Support level: 1305.50, 1294.50