GCMAsia - GOLD

GOLD
2019-02-21
GOLD_, H4: Gold price was traded lower while currently testing the support level 1340.50. MACD which illustrate bearish momentum with the starting formation of death cross suggest the commodity to extend its bearish momentum after it breaks below the support level 1340.50.
Resistance level: 1353.10, 1364.95
Support level: 1340.50, 1329.15