GCMAsia-GOLD
GOLD
2020-01-07
GOLD_, H4: Gold price was traded lower following prior retracement from the resistance level at 1588.70. MACD which illustrated diminishing bullish momentum suggest the commodity to extend its losses toward support level at 1550.10.
Resistance level: 1588.70, 1629.75
Support level: 1550.10, 1517.65