GCM Asia – GOLD

GOLD_, Daily: Gold price was traded higher following the prior breakout above the previous resistance level at 1939.75. MACD which illustrated diminishing bearish momentum suggests the commodity to extend its gains toward the resistance level at 1951.60.  ...

GOLD_, Daily: Gold price was traded lower following the prior breakout below the previous support level at 1940.20. MACD which illustrated increasing bearish momentum suggests the commodity to extend its losses toward the support level at 1910.80.   Resistance...

GOLD_, Daily: Gold price was traded lower while currently testing near the upward trend line. However, MACD which illustrated bearish bias momentum suggests the commodity to undergo technical correction in short term.   Resistance level: 1939.75, 1951.60 Support...

GOLD_, Daily: Gold price was traded lower following the prior breakout below the previous support level at 1940.20. MACD which illustrated increasing bearish momentum suggests the commodity to extend its losses toward the support level at 1910.80.   Resistance...

GOLD_, Daily: Gold price was traded lower while currently testing the support level at 1939.75 MACD which illustrated bearish bias momentum suggests the commodity to extend its losses after it successfully breakout below the support level.   Resistance level:...

GOLD_, Daily: Gold price was traded lower following the prior retracement from the resistance level at 1971.45. MACD which illustrated increasing bearish momentum suggests the commodity to extend its losses toward the support level at 1940.20.   Resistance level:...

GOLD_, Daily: Gold price was traded lower while currently testing the support level at 1951.60. MACD which illustrated bearish bias momentum suggests the commodity to extend its losses after it successfully breakout below the support level.   Resistance level:...

GOLD_, Daily: Gold price was traded flat above the support level at 1940.20. MACD are lack of signal due to the momentum are weak, recommend wait for the signal appear only entry the market.   Resistance level: 1971.45, 2003.60 Support level: 1940.20,...

GOLD_, Daily: Gold price was traded higher following prior rebound from the support level at 1951.60. However, MACD which illustrated diminishing bullish momentum suggests the commodity to undergo technical correction in short term.   Resistance level: 1980.00,...

GOLD_, H4: Gold price was traded lower following the prior retracement from the higher level. However, MACD which illustrated diminishing bearish momentum suggests the commodity undergoes a technical correction in the short term.   Resistance level: 1965.60,...