GCMAsia - GOLD

GOLD
2019-02-01
| Resistance and Support | Level | Explanation |
| Resistance | 1329.15 | H4 |
| Support | 1320.25 | H4 |

GOLD_, H4: Gold price was traded lower while currently testing the support level 1320.25. MACD which illustrate bearish bias signal with the formation of death cross suggest the pair to extend it bearish momentum after it breaks below the support level.
Resistance level: 1329.15, 1340.50
Support level: 1320.25, 1307.80