GCMAsia - GOLD
GOLD_
2019-07-29
GOLD_, H4: Gold price was traded higher while currently testing the 20 moving average (Red) and 50 moving average line (Blue). MACD which illustrate diminishing bearish momentum and golden cross signal suggest the commodity to extend its gains after successfully breakout above both moving average lines.
Resistance level: 1424.05, 1436.35
Support level: 1415.40, 1403.00