GCMAsia - GOLD

GOLD_
2019-08-28

GOLD_, H4: Gold price was traded lower following prior retracement from the resistance level at 1548.05. MACD which display diminishing bullish momentum suggest the commodity to extend its losses toward the support level at 1526.90.
Resistance level: 1548.05, 1565.50
Support level: 1526.90, 1507.10