GCMAsia-GOLD

GOLD
2020-05-28

GOLD_, H1: Gold price was traded higher while currently testing the resistance level at 1717.40. However, MACD which illustrated diminishing bullish momentum suggest the commodity to be traded lower in short-term as technical correction.
Resistance level: 1717.40, 1734.25
Support level: 1696.70, 1671.30