GCMAsia - GOLD

GOLD_
2020-02-25

GOLD_, H4: Gold price was traded lower while currently testing near the support level 1646.30. MACD which illustrate bearish bias signal with the formation of death cross suggest the commodity to extend its losses after it breaks below the support level.
Resistance level: 1676.90, 1717.10
Support level: 1646.30, 1613.35