GCMAsia - GOLD

GOLD_
2019-08-16

GOLD_, H4: Gold price was traded lower while currently testing near the support level 1515.55. MACD which illustrate diminishing bullish momentum suggest the commodity to extend its losses after it breaks below the support level.
Resistance level: 1535.00, 1555.75
Support level: 1515.55, 1495.60