GCMAsia - GOLD

GOLD_
2019-10-29

GOLD_, H4: Gold price was traded higher following prior rebound from the support level at 1489.25. However, MACD which illustrated increasing bearish momentum suggest the commodity to be traded lower in short-term as technical correction.
Resistance level: 1496.20, 1502.60
Support level: 1489.25, 1482.30