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050919 GOLD_-Noon

by | Sep 5, 2019 | GOLD | 0 comments

GCMAsia - GOLD
GOLD_
GOLD_
2019-09-05

GOLD_, H4: Gold price was traded lower following recent retracement from the resistance level 1548.10. MACD which illustrate diminishing bullish momentum suggest the commodity to extend its retracement towards the support level 1519.00.

 

Resistance level: 1548.10, 1588.40

Support level: 1519.00, 1488.85